Markets· ★★★· bullish·

Bitcoin Miners Halt Selling, Tightening Supply Dynamics

  • —No extreme miner outflows recorded since August 21
  • —Bitcoin traded at $76,000 on August 21
  • —Miners moved from "extremely underpaid" to "fairly paid"
  • —Reduced miner selling tightens immediate BTC supply
Why it matters: The halt in miner selling removes a key source of Bitcoin supply and could support prices if demand holds steady.
Source: Coinfomania