Bitcoin miners have cut back on selling reserves starting late 2024, with January 2025 showing a distinct decline in sell-off activity. This reduction coincides with a period of HIGH operational costs and a HIGH hash rate, prompting miners to hold onto their BTC to stabilize their positions.
The decrease in selling pressure from BTC miners could indicate a growing confidence in potential price increases. As miners adjust their strategies, the market may see enhanced consolidation, leading to a more stable environment for Bitcoin transactions in the coming months.
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