Bitcoin miner reserves drop 42% – How will this impact the price?

BTC miners have been reducing their reserves, which decreased by 42% since mid-2024. This trend raises questions about miners’ future strategies, whether they will continue selling or start accumulating Bitcoin.

The current state of Bitcoin at 83,163.55 USD reflects a 2.12% increase in the past week. Investor sentiment remains cautious as they await signals from miners regarding future selling or holding of BTC.

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