Bitcoin Miners Sold Nearly 2 Billion: Fear of a Decline Made Them Do This Too!

Popular cryptocurrency analyst Ali Martinez drew attention in the market with the information he shared about Bitcoin (BTC) miners.

Ali Martinez included Bitcoin miners' sales in his X post dated September 11. Martinez stated that miners sold 30,000 BTC worth $1.81 billion in the last 3 days:

Bitcoin miners sold more than 30,000 Bitcoins in the last 72 hours, which is worth about $1.71 billion.

With this intense selling wave, the amount of Bitcoin held by miners fell to its lowest level in recent months.

In addition, this major selling movement pointed out by Martinez may also affect the general dynamics of the market and the Bitcoin supply-demand balance. It is a matter of curiosity how investors who have been saving for a long time will evaluate this situation. This strategic move by miners may create a new wave of selling pressure in the market.

According to CoinGecko data, Bitcoin, which has increased by 0.2% in the last 24 hours, is traded at $56,370 at the time of writing.