⚠️ Bitcoin Miners Sell-Off Hits Highest Since 2022! ⚠️
In April, public Bitcoin miners sold 115% of the BTC they mined — meaning they sold more than they produced.
This is the highest sell-off ratio since late 2022, even as Bitcoin hit a new all-time high.
🔍 Why? Because hashprice (the revenue miners earn per unit of hashpower) remains under pressure, forcing miners to sell to cover costs.
What impact could this have on BTC supply and price? Let’s discuss! 👇
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