Crypto Express

07/13 02:14

BTC Are miners preparing to sell as MPI spikes

Are miners preparing to sell as MPI spikes over 150%?

The Miners’ Position Index (MPI) surged by 153.17% to 2.13, at press time, suggesting that miner outflows now far exceed their one-year average. 

This behavior typically reflects growing intent to liquidate holdings, especially during strong price action.

While not always a market top indicator, elevated MPI often foreshadows caution zones, especially when paired with euphoric price action. If more miners join the selling side, it could spark a cooling wave.

This behavior typically reflects growing intent to liquidate holdings, especially during strong price action.

While not always a market top indicator, elevated MPI often foreshadows caution zones, especially when paired with euphoric price action. If more miners join the selling side, it could spark a cooling wave.

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