Miners' Bitcoin reserves fell to a three-year low.
On August 3, miners held 1,510,300 Bitcoins, down 2.4% from the highest record in December 2020.
From a side view, miners' selling of Bitcoin is a negative performance of the market. There is no large-scale selling now. The panic on August 5 caused some mining machines to show negative growth, perhaps due to the large-scale market decline and the US economic recession.
If the number of Bitcoin sales increases, the decline of altcoins will be halved.
