Analyst: BTC miners sold over 30,000 BTC in June, setting an annual record
Analyst Crypto Patel posted on social media that BTC miners sold more than 30,000 BTC (~ $2 billion) in June, setting an annual record. Miner inventories are at their lowest level in 14 years, and the halving event led to a sharp drop in profits, triggering a sell-off.