As of June 22, 2025, Bitcoin miner revenues hit a two-month low at 34 million USD. This downturn has been linked to decreased transaction fees and a decline in Bitcoin’s market price.
Despite the revenue drop, miners have not increased their selling. Outflows have reduced from 23,000 BTC in February to around 6,000 BTC currently, showcasing a careful approach to their holdings.
Miners are increasing their reserves, with Bitcoin holdings in addresses of 100 to 1,000 BTC rising from 61,000 BTC to 65,000 BTC since March 31, 2025, indicating a long-term view of market recovery.
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