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Bitcoin miners’ record sale of 8.55 billion USD as sp correlation weakens

Miners sold 8.55 billion USD BTC: Bitcoin miners have recently sold BTC worth 8.55 billion USD over just a two-day period, which is the largest sale volume in the last ten months. This significant offloading has created concern over the potential impacts on Bitcoin’s price and market dynamics.

Non-miner investors buy more BTC: While miners offload their Bitcoin holdings, non-miner groups like whales and sharks continue to accumulate. These larger investments indicate confidence in the cryptocurrency’s value potential. This divergence creates a net neutral signal, illustrating varied market perspectives at play.

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