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Early Bitcoin Miners Slash Sales, Boost Reserves as Hoards Hit Record

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Crypto

Early Bitcoin Miners Slash Sales, Boost Reserves as Hoards Hit Record

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  • non aesthetic things
  • 华尔街日报中文网
  • Cointelegraph

15 posts OpenAI (o3)

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Bitcoin supply dynamics are tightening as miners and veteran holders opt to hoard rather than sell, despite the cryptocurrency hovering near record highs close to $100,000. On-chain data compiled by CryptoQuant show that so-called “Satoshi-era” miners have sold only around 150 BTC so far this year, a fraction of the almost 10,000 BTC they off-loaded in 2024.
Miners are instead swelling their treasuries. Addresses holding between 100 and 1,000 BTC increased their combined balances from 61,000 BTC in March to roughly 65,000 BTC, the highest level since November 2024. Across all categories, miners have added about 4,000 BTC to reserves since April.
The pattern extends beyond the mining sector. Glassnode estimates that long-term investors—wallets dormant for at least 155 days—now control a record 14.7 million BTC. Separate research cited by market commentators puts net accumulation by these long-term holders at roughly 800,000 BTC per month, underscoring broad conviction in the asset even amid short-term price swings.
Early-era wealth is also stirring. On-chain trackers detected the first activity in 14 years from at least two wallets created in 2011 that shifted more than 20,000 BTC, valued at $7 billion to $9 billion. The large transfers have not yet translated into exchange inflows, suggesting limited immediate selling pressure and reinforcing the prevailing hoarding trend.

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glassnode
glassnodeTwitter verified badge
@glassnode

Long-term holders - investors who’ve held #BTC for over 155 days and are statistically less likely to sell - now own a record 14.7M $BTC. Most coins bought near the $100k breakout remain dormant, signaling strong conviction across the market:

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Crypto Town Hall
Crypto Town HallTwitter verified badge
@Crypto_TownHall

BITCOIN LONG-TERM HOLDERS ACCUMULATING AT RECORD PACE Long-term Bitcoin investors are now stacking 800,000 BTC per month — the highest accumulation rate in history. This surge reflects growing conviction among holders despite short-term market volatility. Source:

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Cointelegraph Markets & Research
Cointelegraph Markets & ResearchTwitter verified badge
@CointelegraphMT

🚨LATEST: Satoshi‑era miners have sold just 150 BTC in  2025, vs nearly 10,000 $BTC in 2024. Large #Bitcoin miners quietly hoard, adding ~4,000 BTC to reserves amid recent all-time highs. ⚡️ Read the full story below: 👇

Mpost Media Group
Mpost Media GroupTwitter verified badge
@mpost_io

📊 #Bitcoin miners from the "Satoshi era" have minimized their sales in 2025—only 150 $BTC have been sold in the first half of the year, compared to nearly 10,000 BTC in 2024. Across all miner categories, there is a trend toward increasing reserves. Since April, balances have

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Cointelegraph
CointelegraphTwitter verified badge
@Cointelegraph

🔥 BULLISH: Bitcoin ‘Satoshi-era’ miners sold just 150 $BTC in 2025, down from nearly 10K in 2024. Even as $BTC hits new all-time highs, miners are adding to reserves instead of cashing out.

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    Vivek⚡️
    Vivek⚡️Twitter verified badge
    @Vivek4real_

    Imagine living a normie life while holding 80,000 #Bitcoin for 14 years. And today you decide to cash it out for $8,800,000,000 WHAT A LEGEND!

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    Pubity
    PubityTwitter verified badge
    @pubity

    An anonymous person who bought $7,800 worth bitcoin in 2011 has just touched their wallet for the first time in 14 years. They are now worth $1.1 BILLION.

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    non aesthetic things
    non aesthetic thingsTwitter verified badge
    @PicturesFoIder

    An anonymous person who made a $7,800 investment in bitcoin in 2011 has just touched their wallet for the first time in 14 years… He’s now worth $1.1 BILLION.

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