Damn miners couldn't hold it any longer. They started cashing in so hard, and institutions are accumulating.

Currently, Bitcoin miners, who are responsible for generating new BTC, initially sold off significant amounts after the recent halving. However, as they reached a breakeven point, many paused their sales. Now, some miners are selling again to lock in profits, increasing the BTC supply. While demand remains strong, this boost in supply is causing price fluctuations, which can benefit market manipulators. Basic economic principles are at play, where these swings often lead to a cooling-off period following strong upward runs. However, the volatility can unsettle less experienced investors, sometimes triggering panic selling. Although Bitcoin itself may remain relatively stable, this situation could push altcoins down even further. #BTC☀ #bullrun #BinanceSquareFamily #HaveYouBinanced #corrections