Selling Pressure on Bitcoin Miners Has Declined Significantly: What Does This Mean?

by shayaan

The price increase directly impacted miners’ income. Total daily mining revenue, consisting of block rewards and transaction fees, increased by 78 percent, rising from $27 million to $48 million during the same period. The seven-day average of daily revenue from transaction fees increased from $195,000 to $275,000. Although transaction fees continue to lag significantly behind block rewards, they contributed to the recovery in revenue.

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Bitcoin Sales by Miners Slowed Down

CryptoQuant data also points to a significant shift in miners’ profitability conditions. While income from mining activities remained extremely low during the May-August period, miners entered a period where they could once again earn a reasonable income as Bitcoin reached $76,000 on August 21st.

With increased profitability, there has been a noticeable decrease in Bitcoin selling pressure from miners. According to the report, no extraordinary amounts of new outflows have been recorded from miner wallets since August 21.

The actions of miners who have been active since Bitcoin’s early days also supported this trend. In September, approximately 600 $BTC were withdrawn from these miners, compared to around 2,000 $BTC in January. Thus, the outflows in September were about one-third of those in January.

On the other hand, the total balance of large miner addresses holding between 100 and 1,000 $BTC has stabilized at around 51,000 $BTC since the beginning of September. The total assets of these addresses had decreased by approximately 20 percent from the 64,000 $BTC level in December 2025.

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*This is not investment advice.

cryptonews.net

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