BTC miners sold off a historic 30k BTC this month

Bitcoin miners have significantly increased their selling activity, offloading over 30,000 BTC since the beginning of June, the fastest rate seen in more than a year, with their reserves dropping to a 14-year low. This sell-off is said to be largely driven by the recent Bitcoin halving event which halved miners' rewards, coupled with a 15% decline in the Bitcoin hash rate, has squeezed profit margins.#CPI_BTC_Watch #BinanceTurns7