CryptoQuant: The number of deposit transactions by Bitcoin miners has significantly decreased, indicating reduced selling pressure
By: rootdata|2026/04/28 11:42:02
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According to CryptoQuant analyst Arab Chain, the number of btc-42">Bitcoin miner deposit transactions has significantly decreased recently, with the current reading at approximately 8,138 transactions, one of the lowest levels in history. This data once exceeded 100,000 transactions by the end of 2025, reflecting a large amount of Bitcoin deposited by miners, which is usually associated with selling intentions or profit-taking. However, since the beginning of 2026, this indicator has shown an overall downward trend, with no clear peak.
The current selling pressure from Bitcoin miners has significantly eased, which may provide additional support for the market. The decrease in transaction numbers not only indicates a reduction in deposit amounts but also suggests a lower frequency of transfers to exchanges, reflecting a more conservative behavior among miners.
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