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supplyflow
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$BTC MINERS SELLING EVERY COIN MINED FOR 19 STRAIGHT WEEKS 🔥
Not financial advice. Always manage your risk.
Bitdeer, a publicly listed mining firm, has disclosed zero BTC holdings for 19 consecutive weeks as of July 3. They mined 223.1 BTC this week and sold the exact same amount — net change zero. This consistent sell-side pressure adds a structural headwind for Bitcoin above current levels.
When operators sell every coin immediately, it removes the natural hoarding buffer that often supports price during drawdowns. Are you factoring this miner behaviour into your short-term bias?
#BTC #Mining #SupplyFlow #SellingPressure
🔥
Not financial advice. Always manage your risk.
Bitdeer, a publicly listed mining firm, has disclosed zero BTC holdings for 19 consecutive weeks as of July 3. They mined 223.1 BTC this week and sold the exact same amount — net change zero. This consistent sell-side pressure adds a structural headwind for Bitcoin above current levels.
When operators sell every coin immediately, it removes the natural hoarding buffer that often supports price during drawdowns. Are you factoring this miner behaviour into your short-term bias?
#BTC #Mining #SupplyFlow #SellingPressure
🔥
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