- Entry
- $64,795.70
- Now
- $65,199.44 +0.6%
- Target
- —
- Score
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I kept seeing people point at miners as the reason btc is struggling. so i actually looked at the data. miner supply ratio? declining since early 2025. miner selling power? also declining. miners are actually distributing LESS than they were before the halving. the whole "post-halving miner capitulation" narrative doesn't hold up when you look at the numbers. the real issue is on the buy side. the market shifted from supply-driven to demand-driven sometime in early 2025 and most people …
— ORIGINAL POST ·
Everyone is blaming miners for the BTC drop — the on-chain data tells a different story
· r/CryptoMarkets
· Mar 26, 2026