When Bitcoin's Miners' Position Index (MPI) exceeds 2.5, it signals increased miner selling, often leading to price drops. Historically, MPI spikes above 2.5 correlate with corrections of 5-20% over 30 days, depending on market conditions. For example, in November 2023, a 6% drop followed an MPI of 3.87, while 2021 bull runs saw delayed corrections of 10-30%. CryptoQuant data suggests a 30% drop after extreme MPI levels (e.g., 10), but at 2.5, the effect is milder. Averaging historical trends, the price typically falls around 10-15% over 30 days. A reasonable estimate is 12%, reflecting moderate selling pressure as of March 30, 2025, though current market factors could alter this.
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I just collected "Farcaster: Lion"
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