As of the writing of this article, Bitcoin is undergoing a slight 1% decline in its price, currently resting at $42,753. Despite this, the primary cryptocurrency has showcased a remarkable 157% increase since the commencement of the year. However, it still lags 37% behind its all-time high (ATH) achieved in November 2021, peaking above $68,788. Insights derived from analyst Ali chart on X unveil a significant development: Bitcoin miners have recently executed a substantial sell-off, disposing of more than 3,000 BTC in the past few hours. This noteworthy transaction totals approximately $129 million and carries the potential to impact the
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