# Miners

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Bitcoin Halving Supply Shock Hits the Desk as Miner Sell Pressure Drops 67%
Liquidity dried up, and it was by design. The quadrennial block reward cut took effect, slicing new BTC issuance from 900 to 450 coins per day. Miners who once sold to cover power now sit on inventory. Exchange inflows from mining pools fell 67% week over week, the sharpest drop since the last cycle. OTC desks report wider tickets and longer fill times because the steady seller is gone.
Order book reality
Depth on top venues tells the story. The 2% bid-ask stack for BTC/USD thinned to $58 million from $96 million bef
BTC4.21%
GBTC3.72%
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AylaShinex:
To The Moon 🌕
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Bitcoin Miners Facing a Wall According to Wintermute - #bitcoin #cryptoetf #miners
BTC4.21%
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