Mining giant MARA has updated its financial strategy, opening the door to the sale of its Bitcoin inventory.
This is a clear bearish signal fundamentally. The underlying logic is that miners, who have always been seen as "strong hands" and long-term holders, are now starting to transform into potential suppliers in the market, directly altering the expectations of supply and demand structure.
Although this does not mean there will be an immediate large-scale sell-off, it casts a shadow over market sentiment. The market needs time to digest this additional potential selling pressure, and the subsequent movements of its on-chain wallets and actual sale scale will be key observation indicators.📉
$BTC