📢📢📢📢The lowest level of selling pressure from miners since 2024!
The Miner Sell Pressure metric tracks how actively miners are selling BTC. It compares the volume of Bitcoin outflows over the past 30 days to the average size of their reserves over the same period.
Currently, the pressure is at a minimum. This means that miners are holding rather than selling. Typically, this is a positive signal for the price.
However, it is important to remember: during sharp price movements (up or down), miners may start to take profits again. We are monitoring the dynamics.