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Bitcoin miner Riot sold 3,778 BTC during Q1 amid profitability pressures

Bitcoin miner Riot Platforms sold 3,778 BTC in Q1 2024 due to profitability pressures, with an additional 500 BTC outflow recently flagged. Other prominent miners like Marathon Digital also divested over 15,000 BTC in total, indicating a broader trend of miners selling holdings.

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