Analyst: Bitcoin miners' balance decreased by 90,000 BTC in the past year, steady selling may be to cover operating costs

CoinVoice has recently learned that on X, on-chain analyst Maartunn shared IntoTheBlock data indicating: "In the past year, miners' Bitcoin balance decreased from 1.99 million BTC to 1.90 million BTC, a decrease of 4.74%. Miners are steadily selling, but the amount is not large. This suggests they may be selling some BTC to cover operating costs." [Original link]