10x Research: After the Bitcoin halving, miners may dump $5 billion in BTC, which will affect market dynamics in the next 4-6 months.

Odaily News 10x Research released an analysis article stating that after the upcoming Bitcoin halving (expected to occur on April 20), miners may dump BTC worth $5 billion. Over the past few months, miners have continued to accumulate BTC inventories, causing a supply and demand imbalance and driving Bitcoin prices higher. Research has found that Bitcoin’s average increase before previous halvings reached 32%. Altcoins, in particular, may bear the brunt of this situation. However, after the halving, miners dumped $5 billion in BTC, which may disrupt market dynamics in the next 4-6 months. Just as Bitcoin prices have tended to trade sideways after several previous halvings, this sell-off could lead to a similar market reaction.