Bitcoin miners are feeling the pinch! 🤑 Post-halving, miner sell pressure is "weakening" with a whopping 90% drop in withdrawals, says CryptoQuant. The halving slashed mining rewards by 50%, making older mining machines about as useful as a chocolate teapot. The result? A drop in mining activity and a surge in OTC Bitcoin sales to cover costs. But don't fret, the sell-off is winding down and the market is digesting the changes. If the selling volume is absorbed, we might just see the Bitcoin rally pick up steam again. So, buckle up, folks! The third quarter of 2024 might just be a wild ride! 🚀