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Bitcoin miner outflow ratio hits 6-month high in new threat to BTC price
Bitcoin (BTC) is entering a prime “low-risk bottom” zone as sellers finally accept FTX losses. Bitcoin Seller Exhaustion Constant chart. Related: Crypto and Capitulation — Is there a silver lining? Facing a perfect storm of record hash rate and fading profit margins, miners have signaled that upheaval is coming, with Bitcoin network fundamentals only now beginning to adjust to reflect it. Source: Cointelegraph #Bitcoin
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