Bitcoin $107,352.53 The lowest levels of the last two months were recorded in the revenues of the miners. As of June 22, the daily mining income decreased to 34 million dollars. This figure has been the lowest value since April, and it is also among the weakest levels of the last year. The decrease in miner’s revenues, the decrease in transaction fees and the price of Bitcoin at local bottom levels are shown as the reason.
The latest situation in mining revenues
The decline in transaction fees in recent weeks and the fact that Bitcoin was traded at low prices has reduced the income of miners. The data released on June 22 point to low profit margins for miners. In addition, the total hashrate on the network has dropped by 3.5 percent since 16 June. This decline was recorded as one of the most important withdrawals in the network since July 2024. This decline in hashrate, especially after halving profit margin narrowed miners said that pressure on miners.
Nevertheless, as expected, there was no mass closure or giving up between miners. According to the report shared by Cryptoquant, daily exits from mining wallets remained low. In February, the amount of 23,000 BTCs per day is currently fell to approximately 6,000 BTC and the stock market has not been observed in public transfers.
Mobility of Satoshi Period miners
According to the report, especially in the first years of the Bitcoin network and the name of Satoshi Nakamoto’s name was mentioned, there was no significant movement in the wallets of the Satoshi Period Miners ”. Only 150 BTCs were sold for 2025, while in 2024, this amount was reported to be approximately 10,000 BTC. The miners are also considered as an indicator of the long -term tendency.
Between 2009 and 2011, the Satoshi -era miners consist of people who were mining in the early days of Bitcoin and are generally considered as the criterion of long -term trends. The low mobility from these miners shows that there is no sales pressure on the market.
Increasing tendency to mining reserves
The data revealed an increase in miner reserves. It has been determined that the addresses, which have 100 to 1,000 BTC and generally controlled by medium -sized miners, have added a total of four thousand BTCs since March. This mobility shows that since November 2024 has reached the highest level of wallet balances.
Experts think that miners prefer to meet their expenses from cash reserves or expect to recover at the price of Bitcoin. It is noted that there is no sales pressure at the current price levels. According to Cryptoquant’s analysis, it is seen that miners focus on long term rather than selling.
Cryptoquant: “This development shows that there is no sales pressure from miners at the current price levels.”
Existing data and analysis show that Bitcoin miners do not turn to bulk sales in order to provide liquidity despite the difficulty of profitability. Despite the decrease in the revenues of the miner, it was found that there was no serious BTC sales compared to the previous periods. The increase in the miner’s reserves indicates that long -term expectation for investors is prioritized and there is no pressure on sales immediately. Miner behaviors are closely monitored, while the transaction fees on the network and the developments in Bitcoin price may be decisive on miners.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
