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Bitcoin Miners Face Financial Squeeze, But Selling Pressure Remains Low

  • Bitcoin miners are facing financial challenges, being 'extremely underpaid' in the current market conditions.
  • Despite financial strain, Miner Selling Power remains low, indicating limited immediate Bitcoin liquidation by miners.
  • Analysis by CryptoQuant suggests a constrained risk of a significant sell-off from miners, unless their reserves are rebuilt or external funding decreases.
  • Key metrics used include Miner Profit/Loss Sustainability and log-scaled Miner Selling Power.

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