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Public bitcoin miners sold $1.78B BTC in 2026, adding to market selling pressure amid price drop.

Market News
12 Aug 2026
Coindesk
View Source
Bearish
pluang ai news

In 2026, public bitcoin miners have sold approximately 28,000 BTC, worth $1.78 billion, contributing to selling pressure alongside large ETF outflows and sales by long-term holders. This selling from miners, often overlooked, has impacted bitcoin's price, which has dropped 27% to under $64,000 this year. Many miners face high production costs and are shifting focus to AI, leading to an 18% drop in mining difficulty and improved profitability for remaining miners. This market adjustment may attract new miners and stabilize the network over time.

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