Charles Edwards

Bitcoin miners are in pain and selling more than they have in almost 5 years!

Introducing: Bitcoin Miner Sell Pressure.

A free, open-source indicator which tracks on-chain data to highlight when Bitcoin miners are selling more of their reserves than usual.

Many Bitcoin miners are now turning their rigs off.

Bitcoin's electrical cost has just been breached for the 2nd time only in 5 years. The electrical bill for the average miner is now greater than the income earnt.