Jakarta, Pintu News – Jameson Lopp, a Bitcoin (BTC) advocate and co-founder of Casa, recently sparked a debate in the crypto community by challenging the common belief that miners are the main source of selling pressure in the market.
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Jameson Lopp expressed a different view on the role of miners in the Bitcoin (BTC) market dynamics. Through a tweet, Lopp stated that large companies are actually buying more Bitcoin (BTC) than the amount mined every day.
This raises questions about the true source of selling pressure in the Bitcoin (BTC) market. However, Lopp didn’t stop there. He added that newly mined Bitcoin (BTC) has little effect on market depth and volume.
According to him, the amount of newly mined Bitcoin (BTC) is just like a drop in the ocean compared to the amount available on various trading platforms.
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One user responded by pointing out that newly mined Bitcoin (BTC) remains a “natural selling pressure”. However, Lopp firmly rejected this view, stating that miners are actually hodlers who sell Bitcoin (BTC) as small as possible.
This raises more questions from other users who are skeptical about how miners cover their operational costs if they don’t sell their Bitcoin (BTC).
The discussion got even more lively when Bitcoin Capital shared a graph showing that miners seem to be slowly running out of Bitcoin (BTC). Lopp was quick to respond that the graph was deeply flawed and often adjusted afterward, making it unreliable for current data.
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This debate is important as institutional demand for Bitcoin (BTC) continues to rise, with ETFs and corporate treasuries reportedly buying more Bitcoin (BTC) than they mine on a daily basis.
If it’s true that miners are actually holding onto their Bitcoin (BTC), this could mean there is less “natural” selling pressure than retail or institutional investors might expect.
With daily issuance already capped and supply cut events every four years, the bigger factor may be who is accumulating, not who is selling. Lopp’s views challenge common assumptions and invite market participants to consider supply dynamics in a different way.
Jameson Lopp’s comments have reignited the debate around miner behavior and selling pressure in the market. While some remain of the opinion that miners must sell to survive, Lopp insists that they are one of the strongest hodlers in the ecosystem.
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