Hash rate has recovered from a peak to trough decline of around 55% to around 39% In other words around 29% of hash rate has come back on line . This could be because some chinese miners have relocated mainly to the USA and/or some old minning rihs have become viable at the lower level of difficulty .
Miner net position change metric in coins has returnes to accumulation . This will be in part because those who remained on line had a huge boost in profits and therfore accumulated more coin than those spent by off line miners .
For the last two weeks an average of 2k coins a day have been taken off exchanges .
If these trends continue a supply shortage should occur
