This article was prepared using automated systems that process publicly available information. It may contain inaccuracies or omissions and is provided for informational purposes only. Nothing herein constitutes financial, investment, legal, or tax advice.
Bitcoin miners are enduring one of their toughest periods as revenues hit yearly lows. Despite the downturn, panic selling remains absent, with miners holding onto their reserves. On-chain data reveals a surprising resilience in the face of declining payouts.
- Bitcoin miner revenues fell to a two-month low of $34 million due to lower fees and BTC price drops.
- Miners are holding reserves, with addresses (100-1,000 BTC) increasing holdings to 65,000 BTC—the highest since November 2024.
- Satoshi-era miners have sold only 150 BTC this year, far less than 2024, signaling bullish sentiment for BTC's future.
📎 Related coverage from: cryptopotato.com
Related Tags: Bitcoin