THE 28,000 BTCS SOLD DURING THE YEAR BY LISTED MINING COMPANIES ARE THE NEGLECTED SOURCE OF $1.78 BILLION IN THE BITCOIN MARKET

According to information from CoinDesk, on 12 August, Blackware Intelligence data showed that the listed Bitcoin miners held 127,000 BTCs at the beginning of the year and that they had now dropped to 99,000, with a cumulative sale of about 28,000 BTCs during the year, valued at approximately US$ 17.80 billion at current prices. The analysis noted that, while the size of the sale was smaller than the net outflow of real bitcoin ETF in the United States of America of over $4.4 billion, the impact on prices of persistent and stable marginal sales pressures was often underestimated in the context of market downturns and weak purchasing practices. The BTC has experienced a cumulative decline of 27 per cent since the beginning of 2026 and has lost major assets, including the Standard 500. In addition, as a result of the narrowing of the profits from mining (the current average production cost of a single BTC is approximately $74,300), more and more miners are transforming the AI Calculator business. At the same time, the difficulty of full-scale mining has fallen by about 18 per cent compared to the peak of November, with a corresponding increase of about 18 per cent in the mining revenues of the remaining miners, and the pattern of industrial competition is being reshaped。