In 2025, Bitcoin miners from the Satoshi era decided to significantly reduce their BTC sales, which affected supply stability and created confidence in the market.
Market Situation
In early 2025, only 150 BTC were sold by miners, a sharp contrast to nearly 10,000 BTC sold in the previous year. This trend occurs as Bitcoin reaches new all-time highs, surpassing $107,000.
Miners' Tactics and Consequences
The decision to limit sales in 2025 is unprecedented compared to 2024, when these miners offloaded nearly 10,000 BTC. These early miners, key participants since Bitcoin's inception, have chosen to maintain their holdings, defying past trends where they sold coins following price rallies. Their decision complements market stability, reducing volatility during price oscillations and increasing confidence from both institutional and retail investors.
Market Impact and Investor Confidence
While past bull cycles saw significant Bitcoin releases by these miners, 2025 sets a precedent with restrained sales. This tactic emphasizes a potential long-term bullish stance and mitigates abrupt market fluctuations typically linked with high sales volume periods. On-chain data indicates that miner reserves have climbed, reflecting a strategic decision to accumulate rather than distribute BTC, aligning with market maturity trends.
The reduction of BTC sales by Satoshi-era miners in 2025 reflects a new approach to managing their assets. This strategy may be a key factor in strengthening market stability and building investor trust.