Bitcoin Miners Cash Out: $131 Million Worth Of BTC Offloaded
Summary
Bitcoin miners have sold 3,000 BTC, worth $131 million, causing a sharp decline in their reserve. This could have bearish implications for the price. Miners often sell to cover running costs, but the scale of this selloff is significant. Despite this, Bitcoin is currently trading at around $43,500, up 14% in the past week.
