Key takeaways: Bitcoin miners sold $485 million worth of BTC during a 12-day period ending Aug. 23. Despite miners selling, Bitcoin’s network hashrate and fundamentals remain resilient. Bitcoin (BTC) reclaimed the $112,000 mark on Thursday, recovering from a six-week low hit just two days prior. Despite the bounce, traders remain uneasy as Bitcoin miners have been offloading coins at the fastest pace in nine months. The question is whether this signals the start of deeper trouble or if other factors are driving the recent outflows. Bitcoin miners’ 5-day average net…
Bitcoin Miner Selling A Risk To The BTC Bull Market?
