BTC miners have barely sent their coins to exchanges since April 2024, indicating a decrease in selling pressure.

The Unrealized Profit Index (NUPL) for miners remains at 0.5, indicating significant unrealized profits.

The selling price of BTC that miners are still selling is around $47,000.

BTC reserves among miners have reached a record low of 1.8 million BTC.

Overall, miners are profitable and continue to hold their BTC, which supports the positive market trend. Their selling pressure is decreasing along with the reduction in reserves.