Selling by miners not a dev.if Someone have 1 btc daily just from minning lbry of course selling.
so miners getting per minute 5000-10000 LBRY?
miner get almost 300k lbry each day, and anyway if you know how crypto work, it's never because of miners that the price fall, it's because of low demand
premine are there(didn't check) but they are not dumped
The 24 hour volume for LBRY is 55,000 USD on coinmarketcap
People are either buying or selling a decant amount. It's much higher than anything else in it's market cap range.
I would need to get a VPN up to go on poloniex or some exchange to actually see the buying and selling but one look at the 24/h volume suggest activity, and the mining profitability for LBRY would suggest that the pump and dump is what's happening.