Miner outflows accelerated this week with 847 BTC leaving mining pools on Tuesday alone, the highest daily exodus since March. Coinbase and Kraken saw net inflows of 1,243 BTC from miners, suggesting capitulation selling into the $68.5k zone rather than strategic accumulation. Hash rate remained flat at 680 EH/s despite price weakness, indicating miners are holding infrastructure rather than shutting down—classic behavior before a capitulation bottom.
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