Bitcoin miners are selling again amid low revenues

CryptoQuant reports that the amount of BTC transferred from mining operations to exchanges has hit a two-month high, contributing to a recent 4.5% drop in Bitcoin's price to a monthly low of $65,000. Prominent mining entities like Marathon Digital have been substantial sellers, with Marathon selling 1,400 BTC, or 8% of its holdings, in June. Hashrate is compounding the financial burden on miners.

https://www.coinfeeds.io/daily/bitcoin-miners-increase-sales-amid-revenue-decline-post-halving