Bitcoin miners are under increasing financial pressure, forcing them to sell reserves at rates comparable to those seen during the 2022 market lows. The 30-day Mean Hash Rate has dropped by approximately 21% from its peak as miners redirect infrastructure toward artificial intelligence. This contraction, stemming from economic restructuring rather than forced shutdowns like China’s 2021 ban, creates near-term supply pressure. Additionally, a wallet containing 8.54 BTC, worth approximately $539,000, transferred its funds for the first time in fifteen years, with these coins originally acquired in 2011 when Bitcoin was trading around $14.
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