It's not the Bitcoin Miners that area unit merchandising...
Miners area unit usually internet sellers of bitcoin, a minimum of they accustomed be.
If you recall at the last couple years they need become a great deal additional neutral in their activities versus years past.
This is seemingly because of the flexibility to use futures and choices contracts similarly as loans to offset prices as hostile solely having the ability to sell bitcoin, like they were within the past.
That being aforementioned, miners area unit presently accumulating bitcoin at the quickest clip since might of 2021.
Check it out:
(source: https://twitter.com/BTC_Archive/status/1480904360230072324/photo/1)
It helps that Bitfarms purchased roughly $43 million value of bitcoin recently, however alternative miners area unit holding similarly.