Bitcoin miners sell 6,000 BTC taking advantage of the short-lived upturn
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Despite the majority of digital assets in the cryptocurrency market trading in the red again, the brief upswing earlier in the week has led many Bitcoin (BTC) miners to take the opportunity to make some profit for themselves.
Indeed, Bitcoin miners sold 5,925 BTC over the last two weeks, according to the data that crypto trading expert Ali Martinez retrieved from on-chain analytics service CryptoQuant and posted on his Twitter on August 19.
Meanwhile, data has shown that publicly traded Bitcoin mining companies sold 6,500 of their holdings in July, which is 60% less than around 14,600 the month before when they were forced to sell off their BTC to keep their operations going.
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