Miners Dumped Bitcoin at Record Pace—Just Before May’s Epic Rally
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Talk about bad timing. Bitcoin miners offloaded more BTC than ever in the weeks leading up to May’s blistering price surge—proving once again that even crypto’s backbone players can’t time the market.
Here’s the kicker: these are the same folks with real-time data on network activity and hash rates. Yet they still got caught selling the bottom like retail traders panic-dumping during a flash crash.
Meanwhile, Wall Street’s quant funds—armed with their ’proprietary algorithms’—probably bought those very coins at a discount. The irony writes itself.
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