🚀 Bitcoin miners are back in action! Thanks to a price boost in July, mining activity surged, reducing the need for miners to sell off their BTC reserves. 🪙

- **Revenue Jump**: Daily miner revenues soared by nearly 50%, hitting $32 million.

- **Hashrate Hike**: Miners' hashrate climbed to 604 EH/s, a 6% increase since early July.

- **Less Selling**: Lower outflows from miners, signaling reduced selling pressure.

- **Big vs. Small**: Larger miners are hoarding BTC, while smaller ones are selling off.

- **Fee Woes**: Transaction fees are at their lowest since October 2023, posing a risk.

Bitcoin's price is up 49% this year, trading around $66,500. Keep mining, folks!