Are Bitcoin Miners Booking Profits As BTC Price Hits $123K- Is A Sell-Off Ahead?

cryptonews.net 15/07/2025 - 11:44 AM

Concerns Over Miners’ Position Index Spike

A sharp spike in the Miners’ Position Index (MPI) earlier this week raised concerns about potential selling pressure from Bitcoin miners. However, a closer look at on-chain data reveals a detailed take on miner’s behavior.

Analyzing Miner Activity

Could this shift in miner activity signal that the BTC bottom is in?




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    Greed and Fear Index

    Note: The data is for reference only.

    index illustration

    Greed

    63