Cryptocurrency analysis platform Alphractal revealed in a May 10 article on X that the active level of bitcoin miners in the market is declining, and they tend to accumulate mining rewards rather than sell them for profit. Lower values mean miners hold their coins - a positive sign for price.
As prices move in the coming weeks, whether up or down, we are likely to see renewed selling interest.
Analysis: Selling pressure on bitcoin miners drops to lowest level since 2024
2025-05-11 23:09:11
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