Bitcoin miners sell BTC after the highest level ever-Here is the reason star-news.press/wp

Bitcoin’s height led to a new rise above 123,000 dollars earlier this week to a wave of profit. He led some of the largest players in the market, including miners and long whales, the charge, according to Cryptoquant.

On July 15, Bitcoin miners transferred more than 16,000 BTC to exchanges, making it the largest discharge for one day since April 7, when they moved 17000 BTC.

Bitcoin miners have dismissed 16,000 BTC in the largest sales since April

according to Data From Cryptoquant, this activity has caused the miner reserves from 68000 BTC to 65000 BTC, which is the lowest level in one month.

“All bitcoin has been transferred to an exchange, which enhances the opinion that miners who were sold when Bitcoin reached the highest level ever,” Cryptoquant stated.

Meanwhile, the pressure pressure was not limited to miners, as other groups sought profit near the highest levels of the market.

Cryptoquant reported that the total exchange flows rose to 81000 BTC on that day, a sharp rise of only 19000 BTC a few days ago. This height was largely pushed by the whales, which jumped from 13,000 BTC exchanges to 58000 BTC.

It is worth noting that one of the prominent transactions per day was a rare step from the Satoshi era, a sleeping title since the first days of Bitcoin, which transferred 40,000 BTC to exchanges. The wallet was originally held more than 80,000 BTC.

Blockchain Lookonchain Analysis has reported the transportation as a potential sale. He suggested that the long -term holders may take the moment of imprisonment of gains.

It is not surprising, that heavy sale per day translated into one of the largest profits achievement in 2025.

According to Glassnode, the achieved profits increased to $ 3.5 billion, as their long -term holders represent 56 % of this total, or $ 1.96 billion. In the short term, their holders achieved $ 1.54 billion in gains.

The profit achieved is a scale on the chain that tracks the value of the coins that are sold at a price higher than the last registered treatment. It offers an insight into the investor’s behavior during volatile periods.

Because of these heavy commercial measures, Bitcoin price has been cooled since then to about 118,229 dollars at the time of the pressAccording to Beincrypto data.

However, market monitors are optimistic about the future Bitcoin price capabilities. They highlight the pro -Carbuto legislation in the United States as a major emotional engine. In addition, the increasing institutional interest around the world indicates that there is still room for more upward trend.