Bitcoin Miners Outpace Production Amid 18-Month Price Surge
As Bitcoin’s value hits an 18-month high of $37,000, marking a stellar rise of over 100% year-to-date, top Bitcoin miners have made a surprising move. Significantly, they sold 5,492 Bitcoins, withdrawing around $164 million. This number dwarfs the amount they produced, clearly showing their sales strategy during the cryptocurrency rally. Strategic sales increase for the…