Miners sold 32,000 BTC in Q1, more than the entire last year.


Hashprice dropped below $35, and 20% of mining machines are losing money just by being turned on.
But BTC rebounded from $70,800 to $75,000.
The market, in extreme fear, absorbed the largest miner sell-off in history.
Shorts, check out the funding rate — it just turned positive.
BTC-0.26%
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