The minors are those who keep the race. They are rewarded in Bitcoin and sometimes sell it to manage their costs. If many minors start to sell, it can affect the price. If the minor wallets remain silent, it shows that they are confident and not in a hurry to sell.
Hashrate is another number that counts. It shows how strong and secure the Bitcoin network is. A high hashrate means that minors use more computing power. On July 16, the hashrate fell to around 822 million terahashes per second, down more than a billion a day before. The reason for the drop was probably the heat waves in some countries where minors had to close. Even with the decline, the hashrate is still 42% higher than last year.
