Miner capitulation cooling off 📉
Bitcoin miners slowing down their sell pressure according to CryptoQuant data. Looks like they're done panic-dumping their holdings for now.
This is typically bullish — when miners stop selling, supply shock narratives start heating up. Less $BTC hitting exchanges = tighter supply.
Keep an eye on hash rate and mining difficulty. If both stabilize while sell pressure drops, we might be setting up for the next leg up.
Bitcoin miners slowing down their sell pressure according to CryptoQuant data. Looks like they're done panic-dumping their holdings for now.
This is typically bullish — when miners stop selling, supply shock narratives start heating up. Less $BTC hitting exchanges = tighter supply.
Keep an eye on hash rate and mining difficulty. If both stabilize while sell pressure drops, we might be setting up for the next leg up.