Listed bitcoin miners collectively sold more than 40% of new bitcoin production in March
2025-04-16 21:06:04
According to TheMinerMag, 15 listed bitcoin miners collectively sold more than 40% of their new bitcoin production in March 2025, the highest monthly level since October 2024, breaking the trend of increasing their holdings after the halving. Affected by rising energy and hardware costs and economic uncertainty, miners were forced to cash out to make up for operating gaps, further exacerbating the market selling pressure.
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