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Bitcoin miners are now extremely underpaid, which raises concerns about potential $BTC sell pressure from mining operations.
Bitcoin miners are now extremely underpaid, which raises concerns about potential $BTC sell pressure from mining operations. ๐ At the same time, Miner Selling Power remains near historical lows. This means: even if theyโre underpaid, they donโt have much BTC left to dump. ๐ง Interpretation: While the financial pressure is real, structural selling risk from miners is limited unless reserves are rebuilt or external funding dries up. ๐ Key charts: 1๏ธโฃ Miner Profit/Loss Sustainability 2๏ธโฃ Miner Selling Power (log-scaled) Is this a ticking time bomb or a contained signal? Let me know your thoughts ๐