According to @rovercrc, citing a CryptoQuant weekly report, Bitcoin (BTC) miner revenues have declined to a two-month low of $34 million daily as of June 22. This drop is attributed to lower transaction fees and BTC's price action. The network hashrate has also seen a 3.5% dip since June 16, signaling increased pressure on miners post-halving. Despite these challenging conditions, there are no signs of miner capitulation or forced selling. CryptoQuant data shows that outflows from miner wallets have remained low, decreasing from 23,000 BTC per day in February to about 6,000 BTC currently, with no significant spikes in transfers to exchanges. Furthermore, mid-sized mining entities (holding 100-1,000 BTC) have actually increased their holdings by 4,000 BTC since March. This behavior suggests miners are holding their assets in anticipation of a price rebound, indicating a lack of selling pressure from this sector at current price levels.

According to Charles Edwards (@caprioleio), trading Bitcoin by purchasing when its price falls below its Production Cost and the Miner Margin indicator turns green has historically outperformed traditional dollar-cost averaging (DCA) strategies. This approach directly leverages on-chain miner profitability data, indicating periods of maximum miner stress and potential market bottoms. Such actionable signals provide traders with optimized entry points, reducing downside risk and potentially increasing long-term returns, as shown in Edwards' referenced chart (source: Charles Edwards, Twitter, May 30, 2025). Crypto market participants may find this method particularly relevant during market corrections and heightened miner capitulation phases.

According to Gordon (@AltcoinGordon), Bitcoin ($BTC) has flipped 'macro bullish' as the Hash Ribbon indicator flashes its first buy signal in eight months. This signal suggests the end of miner capitulation, a period where miners are forced to sell their holdings due to operational losses. The buy signal is a positive indicator for traders, potentially signaling a strong upcoming bullish trend in Bitcoin's price. This development could present a lucrative opportunity for investors looking to enter or expand their positions in the cryptocurrency market.

According to Charles Edwards (@caprioleio), a new Bitcoin miner capitulation event has commenced, signaling a potential trading window. Historically, a Hash Ribbon buy signal often follows such events, indicating potential price recovery. Traders should monitor this development closely for opportunities.