Bitcoin is still showing a definite sign of a strong recovery, with the price of the crypto falling to around $67,500 just two days after hitting $72,000. This move confirms the volatility of the market and the lack of clear guidelines.
The broader issue is now in danger of turning in one direction, as the bears begin to gradually correct as the price declines. In fact, the recent work of miners seems to add more interest to this theory.
The responsibility of the miners to sell
The miners have yet to start selling, but as of press time they are planning to do so soon. In fact, AMBCrypto has previously reported that miners have not shown clear signs of distribution despite market movements.
This analysis relied on indicators such as Miner Selling Power, which has shown signs of fragmentation for many months, along with a decrease in the number of miners on Binance.
However, new information may indicate a change in position. Although actual trading has yet to begin, miners are seen moving funds in preparation for a possible move at press time.
According to CryptoQuant’s Miner-to-Exchange Flow metric, which tracks the amount of Bitcoin (BTC) sent by miners to the central exchange, inputs reached a six-day high of 5,450 BTC on March 26.
This represents approximately $373 million worth of Bitcoins transferred to exchanges. An increase in exchange rates usually indicates a strong increase in sales. Although this did not confirm that a sell-off is imminent, it means that Bitcoin may face short-term risk.
Signs of structural weakness
The current “wait-and-see” strategy of miners indicates a willingness to exit positions if the price drops below a certain level. Although the rate is still unknown, one fact is clear – Bitcoin has been showing signs of structural weakness.
CryptoQuant’s Daily Active Addresses metric, for example, which tracks network usage through activity, is down 30% from its peak in August. In fact, daily active addresses dropped from 938,609 on 8 August 2025 to 655,908 at press time.
This decline reflected a decline in network participation, which is often associated with market weakness and persistent price declines.
If this trend continues, the $373 million BTC currently sitting on exchanges could increase the selling pressure for further price drops.
Great help level targeting
Despite the rise in exchange costs and the weakening of supply chain services, the design of technology can still provide security. Especially since Bitcoin continues to react with rising support that has started five rallies since February 6, 2026.
This level now plays an important role in moving to the next market. A definite break below support, followed by a sustained close below it, would indicate a bearish phase shift.
Conversely, if Bitcoin bounces back from this level as we have seen before, a short-term rally may be possible. Such a move could delay or reduce the chances of a mine-driven sale in the near future.
Brief Summary
- Bitcoin miners transferred $373 million worth of BTC to the exchange amid the chain’s weakness.
- Bitcoin’s next move now depends on the demand level.
