Home BITCIONS believes that Bitcoin miner sell-offs and changes in government holdings provide important insights into market dynamics. Since June, Bitcoin miners have sold over 30,000 BTC, the fastest selling pace in more than a year. According to IntoTheBlock, this phenomenon is mainly due to the recent Bitcoin halving event, which has tightened miner profit margins, forcing them to sell some Bitcoin to maintain operations. Text

BITCIONS believes that Bitcoin miner sell-offs and changes in government holdings provide important insights into market dynamics. Since June, Bitcoin miners have sold over 30,000 BTC, the fastest selling pace in more than a year. According to IntoTheBlock, this phenomenon is mainly due to the recent Bitcoin halving event, which has tightened miner profit margins, forcing them to sell some Bitcoin to maintain operations.

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The news of record-high financing in the Bitcoin ecosystem not only acknowledges and affirms the Bitcoin ecosystem but also injects new vitality and momentum into the entire cryptocurrency industry. As a cryptocurrency exchange, BITCIONS will continue to actively participate in industry development, promote healthy and sustainable industry growth, and provide users with better trading services and products, collectively creating a bright future for the cryptocurrency industry.

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