CryptoQuant says Bitcoin miners stop selling, easing BTC sell pressure
October 08, 2026, 4:41 PM
Bitcoin miners have stopped selling, easing pressure on BTC prices, according to CryptoQuant.
CryptoQuant said miners have not shown extreme BTC outflows since Aug. 21, citing local time. Bitcoin was trading at around $76,000 that day, while miners’ profitability indicator shifted from "extremely underpaid" to "fairly paid," the report said. CryptoQuant said this suggests one of the most persistent sources of selling that had continuously weighed on Bitcoin prices during the 2026 bear market has diminished, easing the market’s structural sell pressure.
Leave the first comment
You need to log in to leave a comment.
Log In