Bitcoin miners have been in a selling mode for about a year, shedding over 4% of their holdings, which amounts to approximately 90,000 BTC worth around $9.3 billion. This trend, driven by operational costs, has not significantly impacted Bitcoin's price, which recently peaked above $106,000 before pulling back to around $104,000. While the steady selloff is notable, it may not pose a major threat unless sharp changes occur in miner reserves.
