In breaking news, according to a report from CryptoQuant, transfers from Bitcoin (BTC) mining pools to exchanges have reached their highest level in two months this week as BTC hovers around $70,000. The halving of Bitcoin has led to a decrease in daily mining revenue, prompting miners to sell BTC on over-the-counter (OTC) platforms to make a profit. On June 10th, miners sold at least 1,200 BTC, marking the highest daily trading volume in two months. Since the beginning of June, Marathon Digital has sold 1,400 BTC worth $98 million. The report also notes that miners’ daily revenue has decreased by 55% from its peak of $78 million in March to $35 million currently, attributed to reduced transaction fees post-halving.
