Bitcoin Miners Are Sitting on More $BTC Than They Were a Month Ago 👀 One thing I’ve been watching lately is whether miners are using higher Bitcoin prices as an opportunity to sell. So far, the picture is more mixed than I expected. Recent on-chain data shows Bitcoin miner reserves have increased over the past month, meaning miners collectively appear to be holding onto more $BTC rather than distributing all of their newly mined coins. At the same time, mining economics remain difficult, with hashprice still well below some of the levels miners enjoyed in previous cycles. That combination is interesting because miners have unavoidable expenses. Electricity, equipment and infrastructure still need to be paid for regardless of whether they think Bitcoin is undervalued. So when miner reserves rise, I wouldn't automatically interpret it as a bullish signal. Some companies have other sources of financing, some hedge production, and large public miners operate very differently from smaller operators. But it does make miner selling pressure worth watching. Mining creates new BTC every day. The more interesting question is how quickly miners actually decide to put it back into the market. #BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?#