Bitcoin miners are quietly turning bullish again.



The Miner Position Index (MPI) has dropped to -1.2, showing miners are selling less than usual and choosing to hold their $BTC instead.

At the same time, miner reserves have climbed to nearly 1.8M $BTC ‌around $140B worth the highest level since February.

Miners may be redirecting computational power, but their wallets suggest they’re still betting on higher prices ahead.
BTC-1.49%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin