Bitcoin Miners Sell 15K BTC After $126K High, Is This the Reason Why Bitcoin is Dropping
Publicly listed Bitcoin mining companies have sold more than 15,000 BTC since October, around the time Bitcoin reached its $126,000 all-time high. Now, several mining companies are planning to sell even more in early 2026. 37% within the past three months, the largest downturn in history.
Bitcoin is a failed experiment.… pic.twitter.com/zwfYTLB27H
— Jacob King (@JacobKinge) February 23, 2026
Will Bitcoin Price Drop Ahead?
Some Bitcoin mining companies may sell more BTC in 2026, which could affect the price. At the same time, rising tension between the U.S., Israel, and Iran is making investors move away from risky assets like crypto.
Earlier this year, heavy miner selling pushed Bitcoin briefly below $60,000. Because miners often sell BTC to cover costs and upgrades, analysts believe more selling could happen this month.
As of now bitcoin is trading around $$70,191, reflecting a 3% drop in the last 24 hours.
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