🚨 Bitcoin miners are increasing their selling activity due to declining revenues following the recent halving event, which has led to a drop in transaction fees and miner earnings. Over the past week, Bitcoin's price fell by 4.5%, reaching a monthly low of $65,000, partly due to this increased selling. CryptoQuant's report highlights a two-month high in BTC transfers from miners to exchanges, with significant sales from large mining companies like Marathon Digital. Daily miner revenues have decreased by 55% since March, and the high network hashrate is adding financial pressure on miners, demanding more resources for transaction validation and block addition‼️
