Bitcoin miners are accelerating the liquidation of their reserves as macroeconomic pressures and industry-specific challenges mount. According to new data from blockchain analytics firm CryptoQuant, miners collectively sold 15,000 BTC on April 7—valued at over $1.12 billion—marking the third-largest single-day sell-off in 2025.
The offload coincided with Bitcoin’s price slipping below $80,000, intensifying pressure on mining operations already battling record-high network difficulty and falling transaction fees. The result: a noticeable contraction in profitability and a shift away from the long-held strategy of hoarding coins in favor of short-term liquidity.
“Miner margins have been pressured by lower prices, but also with depressed transaction fees, and a record-high Bitcoin network hash rate, which implies higher mining costs,” CryptoQuant stated.
“Average operating margins have dropped from 53% in January to just 33% today.”
Trump’s Trade Policies Stoke Market Turbulence
The miner-driven sell-off is unfolding against a backdrop of growing macroeconomic volatility, much of it linked to President Donald Trump’s evolving tariff policies. The uncertainty has reverberated across traditional and digital markets, prompting many industrial-scale miners to act defensively.
Mining firms—often operating with substantial infrastructure and fixed energy costs—rely on stable market dynamics to remain profitable. A sharp dip in BTC’s price, even temporarily, can destabilize their cash flow. The April 7 BTC selloff, therefore, signals not just market caution but financial strain at the operational level.
This wave of selling contributes additional downward pressure on Bitcoin’s price—a sensitive development for a market already navigating tariff uncertainty, liquidity rotation, and geopolitical noise.
Bitcoin Battles for Momentum Amid Political Tailwinds
Despite strong pro-crypto signals from the Trump administration, including a proposed national Bitcoin reserve and regulatory rollbacks at the SEC, Bitcoin has struggled to reclaim the euphoric highs seen earlier this year.
After peaking near $109,000 ahead of Trump’s second inauguration, BTC has since corrected and was trading around $83,800 at press time, per CoinGecko. A 9% rebound from last week’s dip below $75,000 has offered some relief, but overall momentum remains fragile.
CryptoQuant analysts note that Bitcoin’s 1% gain over the past month marks one of its weakest bullish phases since late 2022.
Meanwhile, the mining sector—critical to Bitcoin’s decentralized architecture—continues to bleed. As margins compress and capital costs rise, miners offloading BTC may act as a brake on upward price action, even as broader investor sentiment remains cautiously optimistic.
Quick Facts
- On April 7, miners sold 15,000 BTC, worth more than $1.12 billion.
- Rising network difficulty, lower fees, and price volatility have cut average mining margins from 53% to 33%.
- Trump’s tariff uncertainty has contributed to macro instability, weighing on mining operations.
- The increased miner sell pressure could suppress Bitcoin’s price recovery despite favorable regulatory shifts.
