key points:
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Bitcoin Minors have stopped selling their BTC that may indicate the end of a long distribution line.
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In the last one month, the minor wallet balance has increased by about 2,700 BTCs.
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Hash ribbon data continues good time for both miners and BTC value power.
Bitcoin (BTC) The accumulation by the miners is back as the network participants have been sold for holing at $ 75,000 climb.
Data from onchen analytics firm Glasanode Shows that miners are now actively adding to their BTC reserves.
Bitcoin Minors Bicking Months Months
Bitcoin Multimonth climb In April, there was a marine change in the minor behavior, in reverse in significant accumulation with a long sales.
Glasanod shows that shortly after BTC/USD, below $ 75,000, the balance in mineral purse got one floor, began to grow with only the price again.
Minor Wallets held 1,794,622 BTC on 12 April, while by 13 May, they reached 1,797,330 BTC – 2,708 BTC or 0.15%increase.
The minimum, turnaround in terms of total miners holdings is specific as it follows a run run that was initially gained in the end of 2023. In turn, BTC has led to optimism on the price trajectory.
“Very fast for bitcoin!” Trader and Investor Mr. Crypto summarized the X in a response, referring to the same data as the onchen analytics platform cryptoctive.
The miners have stopped selling.
Very fast for bitcoin! pic.twitter.com/blucm5gmgl
– Mr. Crypto (@misterrcrypto) May 14, 2025
Earlier, Cointeletgraph reported to reduce sales-side pressure in the mine helping to contribute to the price trend, with institutional procurement volume. Zodiac dwarf Mining BTC per day.
📊 market update: #Bitcoin Minor selling pressure is the lowest since 2024.
A low value implies that miners are holding their coins and are not growing $ BTC Supply in the current market, which is positive for price.
(H/T: @Aalphractal , pic.twitter.com/m6imz7jret
– Cointelegraph Market and Research (@cointelegraphmt) May 10, 2025
Hash ribbon provides classic BTC bull signal
A classic metric covering minor behavior continues to showcase the classic performance since its latest “buy” signal.
Connected: Bitcoin Ellikid Supply hit 14 meter BTC as hits, which sets the bull market record
The hash ribbon, quantitative bitcoin and digital asset funds are created by Capriol Investments, using two moving averages of the hasht for a period of “capitulation” among the miners.
Since offering your final market entry tip At the end of MarchBTC/USD has obtained about 20%.
“Hash ribbon is still brightening a purchase signal here,” Mr. Crypto Comment In a post on the event this week, BTC predicts the value of the price “going too much in May”.
There are no investment advice or recommendations in this article. Each investment and business move include risk, and readers should conduct their own research while taking decisions.
