Definition ∞ Miner Selling Pressure refers to the downward price pressure on a cryptocurrency that occurs when miners sell their newly mined coins to cover operational costs or realize profits. This activity increases the circulating supply available on exchanges, potentially leading to price depreciation if buying demand does not absorb the additional supply. It is a constant factor in proof-of-work digital asset markets.
Context ∞ Miner Selling Pressure is a regularly observed market dynamic, particularly for Bitcoin, influencing its short-to-medium term price movements. A key discussion involves how changes in mining profitability, such as difficulty adjustments or price fluctuations, impact miners’ decisions to hold or sell their assets. Future developments will likely see more sophisticated analysis of miner behavior to anticipate these supply-side influences on market prices.