🗞️We saw a miner capitulation last week, when Bitcoin outflows hit 19,000$BTC on August 5, the highest level since March.💰
Miners likely sold their Bitcoin as their profit margins were squeezed to 25%, their lowest level since January.
Bullish 🚀
Miners likely sold their Bitcoin as their profit margins were squeezed to 25%, their lowest level since January.
Bullish 🚀