【Bitcoin miners trapped in a "frozen period," income hits a new low in over a year! But a certain fish is quietly positioning for the next wave of surges?】
In June, for Bitcoin miners, it was undoubtedly a "hell month"!
On-chain data shows that miner income plummeted to just $34 million per day, marking the worst record since July 2022! A dual blow from halved transaction fees and falling coin prices has pushed miner profits to the brink!
Miners are bleeding:
Transaction fees dropped by 50%
Bitcoin price fell by 15%
The entire industry's profits are squeezed to the limit, with some mining farms already starting to reduce production or preparing to shut down...
But on the other side, a certain fish is quietly making moves!
Wallets holding 10–100 Bitcoins are continuously increasing their holdings
Accumulation trend scores have surged to 0.57, releasing a strong signal: medium-sized institutional funds are quietly positioning!
The logic behind this is not hard to understand:
Every time miners are squeezed to the limit, it is a critical point for market clearing; and smart funds often accumulate in panic and harvest in calm!
Current key observation point: $108,000
If it stabilizes, it may provide miners with a breathing opportunity and validate the confidence of certain fishes
If it breaks below, the market may experience a deep repair of "first bad then good"
Miners are holding on, certain fishes are accumulating, and Bitcoin is in the eye of the storm.
When others are fearful, what should you do?
History does not repeat, but the signals before every great wave are always strikingly consistent — those who position in the trough are the protagonists of the next round of myths.
