Bitcoin (BTC) to Face $105 Million Sellout as Miners Taking Profits

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$BTC holders should brace themselves for a $105 million surge of selling pressure from cryptocurrency miners

recent resurgence above the psychological level of $30,000 has sparked an increased level of activity among Bitcoin miners. With the steady rise in price, miners have begun to offload substantial amounts of the cryptocurrency onto exchanges.

Currently, Miners are sending $105M to exchanges, the second largest USD denominated transfer on record.

 

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