10x Research has released an analysis article pointing out that as Bitcoin mining companies prepare to sell most of their Bitcoin inventory, the cryptocurrency market may face significant challenges during the six-month summer calm period. These inventories were carefully built over the past few months and may disrupt market dynamics. The analysis points out that after the halving, Bitcoin miners may liquidate BTC worth $5 billion, and the suspense of this sell-off may last for four to six months, which explains why Bitcoin may consolidate in the coming months.
10x Research: Bitcoin miners expected to sell $5 billion worth of BTC after halving
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