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Bitcoin Miners' Holdings Drop to 1.193M BTC, Lowest Level in One Month

2026-07-27 02:32:13

BTC1.32%

According to CryptoQuant, bitcoin miners' holdings fell to 1.193 million BTC on July 25, marking the lowest level in approximately one month. The decline of 563 BTC from the previous week indicates miners are actively selling, lending, or using their holdings as collateral. Meanwhile, the bitcoin network's seven-day average hash rate reached 917.55 exahashes per second on the same date, up 34.6 million terahashes from a week prior, reflecting increased mining demand despite reduced miner reserves.

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