Creative Interpretation: Miners’ Bitcoin Inventory Drops to Lowest Level Since Early 2021 – What’s the Motive behind the Shipment?

Creative Interpretation: Miners' Bitcoin Inventory Drops to Lowest Level Since Early 2021 - What's the Motive behind the Shipment?

Creative Interpretation: Miners' Bitcoin Inventory Drops to Lowest Level Since Early 2021 - What's the Motive behind the Shipment?

Bitcoin miners appear to be liquidating their Bitcoin inventory in preparation for the upcoming halving event. Data from Wintermute, a cryptocurrency market maker, shows that the quantity of Bitcoin held by miners has dropped to 1.794 million BTC this week, a decrease of 27,000 BTC compared to the balance in November last year. This is the lowest level since the beginning of 2021.