{"id":46759,"date":"2025-09-10T11:16:47","date_gmt":"2025-09-10T11:16:47","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=46759"},"modified":"2025-09-10T11:16:47","modified_gmt":"2025-09-10T11:16:47","slug":"bitcoin-miners-flip-the-script-why-theyre-accumulating-instead-of-selling-this-cycle","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=46759","title":{"rendered":"Bitcoin Miners Flip the Script: Why They\u2019re Accumulating Instead of Selling This Cycle"},"content":{"rendered":"<div>\n<p>CryptoQuant has flagged a major change in Bitcoin miners\u2019 strategies, with implications that could reshape investor expectations for the current cycle.<\/p>\n<p>In previous instances, the Miners\u2019 Position Index (MPI) has spiked in two key scenarios: before halvings, when miners strategically sell part of their reserves, and during the final stages of bull markets, when they offload aggressively into surging retail demand.<\/p>\n<p>This cycle, however, reveals a divergence.<\/p>\n<h2>Miners Are Holding Like Never Before<\/h2>\n<p>While limited pre-halving selling is evident, the hallmark late-stage capitulation has not materialized. The latest report shared by CryptoQuant <a href=\"https:\/\/cryptoquant.com\/insights\/quicktake\/68c0c4c11fce4a2e2dc04b4d-Implications-of-Miner-Strategy-Shifts-for-Investors-An-Analysis-of-MPI-Difficult\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\">said<\/a> that factors such as US spot Bitcoin ETF approvals and the growing trend of sovereign entities adopting BTC as a reserve asset are encouraging miners to prioritize long-term accumulation over short-term liquidity.<\/p>\n<p>At the same time, Bitcoin\u2019s mining difficulty has <a href=\"https:\/\/cryptopotato.com\/bitcoin-mining-difficulty-hits-all-time-high-of-127-6-trillion\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">reached<\/a> record highs, as its trajectory entered the so-called \u201cBanana Zone\u201d of steep increases. This points to expanding miner participation and increased competition.<\/p>\n<p>Transaction fees also provide a critical signal. In prior cycles, fee spikes in dollar terms typically coincided with overheated markets and preceded downturns. However, this time, even as fees surged, Bitcoin\u2019s price has advanced in a measured stair-step fashion and has avoided the rapid peaks and subsequent crashes of earlier cycles.<\/p>\n<p>All in all, these on-chain signals indicate a structural change in miner behavior. Rather than rushing to sell into market strength, miners appear to be aligning with institutional investors and nation-states in adopting an accumulation-focused strategy.<\/p>\n<p>For investors, the combination of high difficulty, surge in fees, and muted MPI means that Bitcoin\u2019s bullish momentum is being supported by a more durable foundation than in previous cycles, boosting a medium- to long-term positive outlook.<\/p>\n<h2>Signs of Strength<\/h2>\n<p>Alphractal founder and crypto analyst Joao Wedson <a href=\"https:\/\/x.com\/joao_wedson\/status\/1965493428214522089\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\">highlighted<\/a> BTC\u2019s mixed performance trends in his latest tweet. He found that while the asset\u2019s overall performance up to September 2025 trails behind most of its historical years, it still outpaces the significant weak cycles of 2014, 2018, and 2022.<\/p>\n<p>Focusing specifically on September, Wedson pointed out that Bitcoin is performing better than its historical average this month, and ranks behind only 2012, 2015, 2016, and 2022, which could mean that September may not be as bearish as expected.<\/p>\n<p>Another crypto analyst <a href=\"https:\/\/x.com\/MerlijnTrader\/status\/1965671582363226578\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\">described<\/a> Bitcoin\u2019s current chart formation as the \u201cinverse head and shoulders of dreams,\u201d and claimed that the double pattern indicates the start of a supercycle. According to the analyst, this setup makes a $150,000 BTC price target seem inevitable rather than speculative despite the current struggle.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/bitcoin-miners-flip-the-script-why-theyre-accumulating-instead-of-selling-this-cycle\/\">Bitcoin Miners Flip the Script: Why They\u2019re Accumulating Instead of Selling This Cycle<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>CryptoQuant has flagged a major change in Bitcoin miners\u2019 strategies, with implications that could reshape investor expectations for the current cycle. In previous instances, the Miners\u2019 Position Index (MPI) has spiked in two key scenarios: before halvings, when miners strategically sell part of their reserves, and during the final stages of bull markets, when they [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-46759","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/46759","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=46759"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/46759\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=46759"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=46759"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=46759"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}