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Bitcoin Miners Sell 10,000 BTC in Largest Daily Drop, $450M Decline!

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The Miners' Position Index suggested a possible selling phase, and on January 17, miners sold over 10,000 BTC, representing a $450 million decrease. This was the worst daily decline in reserves that they had seen in over a year, with reserves at its lowest point since July 2021 at 1.83 million coins.

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