CryptoQuant Analyst: Bitcoin Miner Financial Pressure Intensifies, Distress Approaching Bear Market Levels
CryptoQuant analyst Darkfost stated that Bitcoin miners are currently facing severe operational pressure, with their financial health indicators dropping to levels seen during historical bear market high-pressure phases. Analyzing multiple data dimensions including miner issuance revenue, block time, transaction fees, and overall revenue, the Miner Financial Health Ratio (7-day average) is currently fluctuating within the 10% to 30% range, reflecting significant pressure on mining enterprises' profitability, as similar low levels typically only appear near peak bear market periods.
