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Bitcoin Miner Reserves Are Facing Complete Collapse
Major Bitcoin mining firms have been aggressively selling since the start of this cycle.
Per @cryptoquant_com, miner reserves have fallen by some ~61,000 $BTC, worth more than $4.5 billion based on current prices.
Collectively, Riot, Marathon and Core Scientific alone have dumped 19,264 $BTC, worth over $1.4 billion. $BTC #WallStreetsFifthGiant #CoinMoveAlert #DailyOrbit
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