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DMVA.eth
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Bitcoin miners sell cryptocurrency, bypassing exchanges Miners are selling off coin stocks amid a correction in bitcoin after its rapid growth at the beginning of the year and a decrease in key production profitability indicators According to CryptoQuant, the number of bitcoins stored in miners' wallets continues to decline — miners are actively selling off their stocks. Transactions mainly take place on the over-the-counter (OTC) market, bypassing exchange platforms. Bitcoin reserves among miners have reached lows since 2021. According to CryptoQuant, on June 10, the volume of bitcoin sales by miners on over-the-counter platforms amounted to 1.2 thousand units, which was the highest since the end of April. The leading American cryptocurrency miner, Marathon Digital, has sold 1.4 thousand bitcoins since the beginning of June, which significantly exceeds the May sales volume of 390 bitcoins. The bitcoins sold make up 8% of the company's total reserves.
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