Bitcoin miners are unloading $BTC as stress builds 📉
CryptoQuant says miner reserves dropped from about 1.862 million BTC to 1.801 million BTC this cycle, a net sell-off of roughly 61,000 BTC. Verified sales from Riot, Marathon, and Core Scientific, plus weaker margins and record-low hash price, point to a sector under real pressure while some miners rotate capital toward other business lines.
This looks like liquidity leaving the weakest hands first. When miners start de-risking into a falling tape, whales often watch for the supply to be absorbed before any meaningful rebound can breathe.
Not financial advice. Manage your risk and protect your capital.
#Bitcoin #BTC #Crypto #CryptoMarket #Mining
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