A major Bitcoin liquidation just hit the market. One of the largest publicly-listed mining firms dumped 1,363 BTC—worth north of $160 million—last month, marking their biggest single sale on record.

What's driving this? Hash prices have been sliding hard, putting serious pressure on miner margins. With profitability getting squeezed, the company is pivoting toward liquidity preservation rather than hodling. Translation: they're raising cash to weather tighter conditions.

This kind of move tells you something about current market sentiment among institutional miners. When the big players start taking profits and reducing holdings, it signals they're bracing for tougher times ahead.