The trend of Bitcoin miners selling off their assets continues after the 2024 halving event. This has been observed as a significant pattern in the cryptocurrency market. The halving event, which occurs every four years, reduces the reward miners receive for validating transactions on the Bitcoin network. As a result, some miners choose to sell off their holdings to cover operational costs or to take profits. This sell-off trend has been ongoing post-2024 halving, impacting the supply and demand dynamics of Bitcoin. Investors and traders closely monitor this trend as it can influence the price of Bitcoin in the market.
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