6h ago

Bitcoin Miners Dump Record Btc In Q1 2026

Publicly listed Bitcoin miners sold more than 32,000 $BTC in the first quarter of 2026, according to data cited by TheEnergyMag, marking the largest quarterly miner distribution on record.

The scale of the sell-off exceeds levels seen during the Terra Luna collapse in 2022, a period widely associated with severe market stress and forced liquidations across the crypto industry.

Major mining operations behind the selling include MARA, CleanSpark, Riot, Core Scientific, Cango, and Bitdeer. While the reasons vary by company, analysts point to rising operational costs and strategic portfolio repositioning as likely factors behind the broad-based distribution.

The data raises questions about miner confidence at current price levels and adds a notable supply-side pressure point to the market heading into the second quarter.

Bitcoin Miners Dump Record Btc In Q1 2026

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