This statement suggests that after the most recent Bitcoin halving event, miners could potentially sell approximately $5 billion in Bitcoin. To understand this statement, a little background on Bitcoin and its halving event is necessary.
Bitcoin is a digital cryptocurrency that’s produced or ‘mined’ by high-powered computers that solve complex mathematical problems. A new block (a record of transactions) is added to the Bitcoin blockchain approximately every 10 minutes, and the miner who adds the block is rewarded with a certain number of
