Miners took advantage of the March surge in bitcoin

Earlier this week, bitcoin soared above $26,000 for the first time since June 2022. The cryptocurrency began to decline only when major BTC holders, including miners, began selling.
The CryptoQuant report said that the mining pools began to implement both at a time when bitcoin was strengthening amid the U.S. banking crisis.
Wallet reserves associated with miners are shrinking. This suggests that the pools continue to sell.

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