Key points:

• Bitcoin miners stopped selling their BTC in what can signal the end of a long distribution series.

• Over the past month, the miner’s wallet balance has increased by about 2,700 BTC.

• Hotted ribbon data show good times continuing to both miners and BTC prices.

Bitcoin (BTC) accumulation of miners returns when network participants exchange for sale for breeding for 75,000 USD.

Data from the Onchain analytical company Glass knot It shows that miners actively add BTC to their reserves.

Bitcoin miners destroy months of sale

Bitcoin, reaching multimonthis in April, caused a change in the sea in mining behavior, with a long sales in reversing significant accumulation.

Glassnode shows that shortly after BTC/USD was slightly below 75,000 USD, the balance in the miner’s portfolios found the floor, but then began to grow with the price.

Mining wallets had 1 794 622 BTC on April 12, while from May 13 they reached 1 797 330 BTC – an raise of 2708 BTC or 0.15%.

Although minimal in terms of the total miners’ farm, the turnover is apparent, because it occurs after a series of sales, which initially gained pace at the end of 2023. This in turn led to optimism in relation to the trajectory of BTC prices.

“Extremely stubborn for bitcoins!” The popular salesman and investor Mister Crypto were summarized in the part of the response to X, referring to similar data from the Onchain Crypquoquant analytical platform.

Miners stopped selling.

Extremely stubborn for Bitcoin! pic.twitter.com/blum5gggg

– Mister Crypto (@MISTRCRYPTO) May 14, 2025

Earlier, CointeLgraph announced a reduction in the pressure of miners, helping to contribute to the price trend, with the institutional amounts of purchase bring the amount of BTC extracted per day.

📊 Market update: #Bitcoin Górnik’s sales pressure is the lowest than 2024.

Low value means that miners hold their coins and do not raise $ Btc Supply on the current market, which is positive in the price.

(h/t: @Alpraktal ) pic.twitter.com/m6imz7jret

– Cointelegraph markets and studies (@Cointelegraphmt) May 10, 2025

Hash ribbons provide a classic BTC bull signal

Meanwhile, the classic metric behavior of miners still shows classic performance from the latest “Buy” signal.

Related: Bitcoin non -splashing supply goes 14 m btc as Hodlers set the bull market record

Low gaps, created by quantitative Bitcoin investments and the digital asset fund, exploit two medium walking hashratu to designate periods of “surrender” among miners.

Since offering the last entrance to the market at the end of March, BTC/USD has gained about 20%.

“Hasharskie ribbons are still flashing the buy signal”, Mister Crypto commented This week this week, predicting that the price of BTC “increased in May”.

This article does not contain investment advice or recommendations. Each investment and commercial movement involves risk, and readers should conduct their own research when making decisions.