Bitcoin hits 4-month low, yet miners keep holding – Why? – BitRss

• Bitcoin miners continued to hold onto their mined BTC ($86,101.11).
• BTC has declined by 7.58% over the past day to hit a 4-month low, at press time.

Bitcoin [BTC] experienced a sharp decline hitting a 4-month low of $79060, and was trading at $79526, at press time. This marked a 7.58% decline in daily charts.

Despite the strong downward pressure, with most sellers strongly active, Bitcoin miners remain indifferent to the prevailing trend.

Bitcoin miners are not selling

According to CryptoQuant, miners are not selling, and they continue to hold to their mined holdings.