Bitcoin Miners Dumping Like It’s Hot: Riot Sells 3,778 BTC in Q1
According to their Thursday update, as solemn as a preacher’s sermon, Riot sold the Bitcoin at an average price of $76,626, raking in $289.5 million. By April 3, Bitcoin was trading near $66,867, leaving Riot looking like the shrewd trader at the county fair who sold his prize hog before the price dropped. Meanwhile, Arkham Intelligence spotted a 500 BTC outflow from Riot’s wallet earlier in the week, a move as subtle as a sledgehammer.



