Has Miner Sell Pressure Become a Thing of the Past?

Mining economics, news & insights.

After a prolonged decline throughout April, Bitcoin's price is exhibiting resilience in May. Bitcoin ETFs are experiencing robust inflows once more. Contrasted with ETF holdings, public miners hold a relatively small amount of BTC on their balance sheets. This shift may render sell pressure from miners, once a trigger of bearish price action, a thing of…