CryptoQuant Analyst: Miners Will Intensify Bitcoin Sell Pressure During Price Downturn

BlockBeats News, March 11th, CryptoQuant analyst @IT_Tech_PL wrote an analysis pointing out that miners tend to increase Bitcoin selling pressure when the price is falling. When BTC dropped to $77,000, miner outflows to exchanges surged.

Miners being forced to sell could impact market liquidity and also indicate financial stress as they face increased costs. Historically, miners have often sold more Bitcoin during price downturns to cover operational expenses.