NewsBTC •
April 22, 2026 at 06:20 •
Analysis
Bitcoin miners dumped a record 40,000 BTC in the first quarter of this year — more than the entirety of 2025 combined and well above the 20,000 BTC sold in the panic following the Terra collapse in mid-2022. That number sits quietly beneath the surface of what otherwise looks like a recovering market. Related Reading: Strategy Raises $1.76B War Chest As Saylor Signals Bigger Bitcoin Buy Miners Signal Trouble Even As Prices Climb The sell-off came as mining difficulty dropped 2.4% to 135 trillion, while network hashrate climbed back from roughly 978 exahashes per second to 992 EH/s this month, according to data from Glassnode. When producers sell at record pace during a difficulty drop, it points to one thing: tight margins. The economics of mining haven’t recovered t...
