Heavy selling pressure from digital asset treasury firms and miners in the first half of 2026 has been exhausted, removing a major headwind to price appreciation.
Too little corroboration in the last 3 days to call a trend (1 article). Watching for it to gain traction.
The major selling pressure from digital asset treasury firms and miners during the first half of 2026 has been largely exhausted, with approximately $4.2 billion in collective selling now behind the market. This removal of a structural headwind is presented as a positive catalyst for future price appreciation.
When large forced sellers (miners with operational costs, firms with redemption pressures) complete their liquidation cycles, supply-side pressure diminishes and the market transitions to a more balanced or supply-constrained regime. This structural shift can support price stability and reduce downside volatility as a key source of selling pressure is eliminated.
"Much of the selling pressure is now behind bitcoin — with digital asset treasury firms and miners having collectively sold about $4.2 billion in bitcoin in the first half of 2026, more 'than in any other comparable period,' Todaro said."