Public miners are an underappreciated source of supply hitting the market right at the margin. Public miners have unloaded roughly 28,000 BTC this year, injecting selling pressure into the market alongside massive outflows from ETFs and long-term holders. Many large miners are exiting or pivoting to AI, easing network difficulty by about 18% and boosting rewards and profitability for those that remain. Bitcoin’s BTC $ 63,730.04 price slide this year isn’t just about exchange-traded funds (ETFs)…
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