Bitcoin "Satoshi Era" miners sold only 150 bitcoins in 2025
ChainCatcher news, according to Cointelegraph, CryptoQuant data shows that on June 22, Bitcoin miners' daily revenue fell to $3.4 million, the lowest since April 20. Despite the decline in revenue, miners continue to accumulate, with addresses holding 100-1000 BTC increasing their reserves by 4,000 to 65,000 since April. The total network hash rate has decreased by 3.5% over the past 10 days, marking the largest drop since the halving in July 2024.The report indicates that miners from the "Satoshi era" sold only 150 BTC in 2025, a significant decrease from 10,000 BTC during the same period in 2024. The daily outflow of miners has dropped from 23,000 BTC in February to the current 6,000 BTC, with the amount of BTC directly transferred to exchanges remaining low. Analysts point out that a 48% operating profit margin supports miners' holding behavior. The current miner reserve size is approaching the level seen in November last year, when Bitcoin experienced a sell-off after breaking the historical high of $73,800.