Bitcoin miners dump 1.78 billion dollars in BTC to survive the halving

Public miners aren't just securing the network anymore; they're flooding the order books to keep the lights on. Data shows these companies offloaded roughly $1.78 billion in Bitcoin recently as they struggle with thinner margins following April's halving event. It's a massive source of overhead supply that many retail traders simply aren't tracking. Firms like Marathon Digital and Riot Platforms are caught in a brutal hardware race that demands constant liquidity. When rewards get cut in half, the only way to pay the power bill is to sell the stash. This constant liquidation creates a heavy ceiling for price action, neutralizing bullish momentum before it can even start. If the hash rate keeps climbing, these miners will have to dump even more just to stay in the game. Will institutional buyers be enough to soak up this billion-dollar shadow inventory?