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Bitcoin miners sold 28,000 BTC this year, worth approximately $1.78 billion
2026-08-14 08:45:52
According to CoinMeta, as reported by Coin Bureau, Bitcoin miners sold 28,000 BTC this year, worth approximately $1.78 billion, which is considered a neglected factor that contributed to the 27% decline in Bitcoin prices. Currently, the cost of mining one Bitcoin is around $74,000, which is much higher than the current price of $63,000, forcing miners to sell their holdings.
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