Bitcoin Miners' Reserves Stable Amid $40B Exchange Transfers

Bitcoin miners have kept their wallet reserves stable throughout February despite substantial financial movements within the cryptocurrency sector. According to recent data from CryptoQuant, miners’ Bitcoin holdings showed minimal fluctuation during the month, starting at 1.827 million BTC on February 1 and slightly increasing to 1.828 million by February 28. This stability comes amid a notable $40 billion in transactions from mining pools to cryptocurrency exchanges, suggesting a strategic balance between selling and holding practices by miners.