BITCOIN MINERS HAVE STOPPED PRESSURING THE MARKET WITH SELLING
Since August 21, when $BTC reached $76,000, miners’ behavior has changed noticeably.
During the same period, miners moved from the “severely underpaid” category to the “adequately paid” category. Since then, no extreme outflows from miners have been observed.
Why does this matter?
Miners are one of the constant sources of pressure on the price of BTC.
They have to sell some of the coins they mine to cover electricity, equipment, and maintenance costs.
If selling has indeed eased, the market is losing one of its steady sources of supply that weighed on Bitcoin during the 2026 bear market.
Fewer forced sales mean less pressure on the price.
This is not yet a guarantee of a reversal, but it is an important signal: if demand holds and supply from miners remains limited, BTC’s recovery could get additional support.
It looks like one source of pressure on Bitcoin is beginning to ease.
Now the key question is whether buyers will return?
Since August 21, when $BTC reached $76,000, miners’ behavior has changed noticeably.
During the same period, miners moved from the “severely underpaid” category to the “adequately paid” category. Since then, no extreme outflows from miners have been observed.
Why does this matter?
Miners are one of the constant sources of pressure on the price of BTC.
They have to sell some of the coins they mine to cover electricity, equipment, and maintenance costs.
If selling has indeed eased, the market is losing one of its steady sources of supply that weighed on Bitcoin during the 2026 bear market.
Fewer forced sales mean less pressure on the price.
This is not yet a guarantee of a reversal, but it is an important signal: if demand holds and supply from miners remains limited, BTC’s recovery could get additional support.
It looks like one source of pressure on Bitcoin is beginning to ease.
Now the key question is whether buyers will return?