With the continuous rise in the HashRate, miner reserve has shown steady decrease for about a year till now. The MPI (Miner Position Index which shows miner outflow in ratio to year average) has shown the highest spike since 2020. Are miners in a hurry to sell...? Or is the hashrate too high for miners to accumulate BTC at this price? When BTC continues it rally, the problem might be resolved, but if not, we might see accelerated selling of miner reserves in the coming months.
Written by BQYoutube
