A staggering $2 billion worth, has been dumped by miners since June. This historic sell-off marks the fastest pace in more than a year, as miners try to adapt with the post-halving context.

The halving event, which reduced mining rewards, has reduced profits, forcing miners to liquidate their holdings. As a result, miner reserves have plummeted to their lowest levels in more than 14 years.

The sell-off sent shock waves throughout the cryptocurrency market, causing the price of Bitcoin to take a hit, falling from $71,907 at the beginning of June to $63,378.89 at the end of the month.

But it's not just#Bitcoinfeeling the heat.#Altcoinshave also experienced significant declines, with some falling more than 20%. The market is chaotic and the future remains uncertain.

Will this sell-off have an effect, causing prices to drop further? Or is this the end of the miners' capitulation, paving the way for a potential market recovery?

Only time will tell

Everyone please refer!!!!#binanceCrypto

$BTC