Jameson Lopp believes that miners do not play a major role in selling Bitcoin. He emphasizes that corporate treasuries are purchasing more BTC than what is actively mined on a daily basis.
Lopp refutes claims that miners are constantly selling BTC by stating that they tend to hold onto their assets. He challenges the reliability of charts showing miner sell pressure, suggesting that they often misrepresent actual behaviors.
As institutional demand for Bitcoin rises, understanding supply dynamics becomes essential. Lopp’s insights indicate that miners’ sell pressure may not be as influential as previously thought, especially in a strong market.
Leave a Reply