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Mining Cointelegraph

Bitcoin miners cash out $485M as BTC struggles to hold $112K; Red flag?

OG whales have been selling, and Bitcoin miners started selling too. Is the $485 million in BTC sold by miners a red flag or just standard profit-taking?

38 /100
Market signal

Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin miners cash out $485M as BTC struggles to hold $112K; Red flag?

OG whales have been selling, and Bitcoin miners started selling too. Is the $485 million in BTC sold by miners a red flag or just standard profit-taking?

Why this matters

This mining story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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