Bitcoin Miners Sold $1.78B in 2026 โ What Happens to Bitcoin Next?
- Miners dumped $1.78B in BTC this year, heightening current market weakness.ย
- Listed mining firms reduced combined reserves by 28,000 BTC, down to 99,000 BTC.
- Massive ETF outflows exceeding $4.4B remain the main source of sell pressure.ย
Public Bitcoin mining companies dumped $1.78 billion in tokens this year, heightening current market weakness across major exchanges.
Bitcoin Mining Reserves Movement in 2026
First, listed mining firms drastically reduced their combined reserves by 28,000 BTC, down to roughly 99,000 BTC from 127,000 BTC. This is one of the largest โtreasury drawsโ in recent years. This resulted in huge additions to the spot market in the early stages of the year on a day-to-day basis.
Publicly traded miners have dumped 28,000 Bitcoin and added $1.78 billion of selling pressure in 2026
"I told you how Riot Platforms yesterday did a $9 billion plus deal with Anthropic, and how miners are all now effectively just becoming AI data center providers"
"Well, oneโฆ https://t.co/55ukHgM0J4 pic.twitter.com/aiZOLxfmsa
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