ChainCatcher news, according to Bloomberg, a report by cryptocurrency research company Kaiko shows that as of August 3, the total amount of bitcoin held by miners has dropped to about 1,510,300, down about 2.4% from the highest record in December 2020, worth about $86 billion at current prices, accounting for 8% of the circulating bitcoins.

Since the rise in Bitcoin prices at the end of 2023, miners have continued to sell tokens to cover operating costs. Although the increase in network fees after the halving has temporarily alleviated revenue losses, the average fee has dropped from $143 to $2.