According to the latest data, Marathon Digital, one of the world’s largest Bitcoin mining companies, sold 1,000 Bitcoins.
Founder and CEO of on-chain data and analytics platform CryptoQuant Ki Young Ju In his post on Twitter on June 11, the giant Bitcoin miner Made by Marathon Digital included the sale.
In his statement on the subject, Ki Young Ju made the following statements:
Marathon Digital, the largest Bitcoin mining company, sold 1,000 Bitcoins yesterday. This sale was most likely made to cover expenses. The sale also recorded the largest OTC trading volume since late March.
Sales by largest miner are approx. 67.5 million corresponds to dollars.
Miners were in a difficult situation when the production cost doubled after the Bitcoin halving on April 20. It is estimated that Marathon, which is known to try to keep most of its Bitcoins, will not sell except to cover expenses.
According to CoinGecko data, Bitcoin, at the time of writing From $67,479 is being traded.