Recent insights from a major compliance-first exchange highlight a critical market dynamic: Bitcoin mining production is struggling to keep pace with surging demand across institutions and retail investors alike. The supply constraint tells an important story—miners are maxed out on output capacity while buyers continue accumulating. This structural mismatch between limited mining throughput and mounting demand pressure has historically preceded significant price movements. When physical supply tightens while buying interest remains robust, the mathematics typically favors higher valuations down the line. Watch this metric closely; supply-demand imbalances of this magnitude rarely persist without market repricing.