61,000 BTC Sold Amid Miner Sell-Off, Trend Raises Questions
Bitcoin miner reserves have fallen by 61,000 BTC since the start of this cycle.
According to CryptoQuant, Bitcoin miner reserves are declining.
In a recent tweet, CryptoQuant pointed out that Bitcoin miner reserves
fell from nearly 1.862 million BTC to 1.801 million BTC,
a net sell-off of about 61,000 BTC since the start of this cycle.
Large Bitcoin miners have apparently sold, with CryptoQuant highlighting
the BTC sold in this regard.
Miner Reserves Declining.
Since the start of this cycle, miner reserves fell from
~1.862M BTC to 1.801M BTC, a net sell of ~61K BTC.
Verified selling:
• Riot Platforms: 4,026 BTC
• Marathon Digital: 13,210 BTC
• Core Scientific: 1,992 BTC
Simultaneously, AntPool miner… pic.twitter.com/xg9wrLshuH — CryptoQuant.com (@cryptoquant_com) April 16, 2026
Riot Platforms is believed to have sold an estimated 4,026 BTC,
while Marathon Digital and Core Scientific
sold 13,210 BTC and 1,992 BTC, respectively.
However, AntPool miner balances have seen an uptick in recent days.
...