Bitcoin accumulators absorb 60K BTC as miner selling tests rally

Bitcoin’s early January rally has been marked by strong accumulation demand alongside renewed selling from miners.

Accumulator addresses added around 60,000 BTC in six days, lifting total holdings to roughly 310,000 BTC.

The accumulation surge ended a multi-month consolidation phase that persisted from September to December 2025.

Data suggests long-term holders are absorbing supply as Bitcoin trades in the low-$90,000 range.

At the same time, miners transferred about 33,000 BTC to exchanges in the first six days of January.

Analysts said the miner flows indicate profit-taking and reduced long-term holding following recent price gains.

Market observers noted that miner selling alone does not necessarily signal an imminent price correction.

Binance net taker flow data showed January recorded seven straight days of modest but consistent net buying.

Bitcoin’s Unified Sentiment Index has returned to neutral territory, suggesting easing fear without strong optimism.

Analysts said the rally’s durability depends on whether spot demand continues to absorb ongoing miner distribution.

At the time of reporting, Bitcoin price was $90,958.43.