Miners Holding Steady as Bitcoin Activity Surges

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Bitcoin miners are playing the long game, with the Miners’ Position Index (MPI) at -1.0527, indicating they’re selling less compared to the one-year average. This cautious approach suggests confidence in future gains. Meanwhile, Bitcoin network activity is heating up, with active addresses reaching 1,087,283—a 10.54% jump in just 24 hours.

The surge in wallet activity signals increasing engagement and transaction volumes. As miners hold tight and user activity spikes, the Bitcoin ecosystem is buzzing with potential, setting the stage for exciting developments ahead.