100%: Public Bitcoin miners sold almost everything they mined in 2022 By Cointelegraph

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© Reuters.

Publicly listed (BTC) miners sold off almost all of the Bitcoin they mined throughout 2022, leading to a debate over whether the sales created “a persistent headwind” for the Bitcoin price or not.

Analyst Tom Dunleavy from blockchain research firm Messari shared the data in a Dec. 26 tweet, indicating that approximately 40,300 of the 40,700 BTC mined by Core Scientific, Riot, Bitfarms, Cleans Park, Marathon, Hut8, HIVE, Iris Energy, Argo and Bit Digital from Jan. 1 to Nov. 30 was sold off.

Miner reserves vs Bitcoin price from Jul. 1 to Dec. 28. Source: CryptoQuant.