Miners Sell Over 15,000 BTC as Bear Market Bites, Pepeto Surges Ahead

Miners sold over 15,000 BTC in the first quarter of this year as the bear market put pressure on mining operations built on debt accumulated during the bull run.

The sales by miners prove that positions without live utility collapse under downturns, while projects with working tools and confirmed listings are more resilient.

Pepeto, a cryptocurrency project with live tools and a confirmed listing, has outperformed delayed projects and raised above $8.1 million in its presale.