Bitcoin Miners’ Selling Pressure: Strategic Entering Points in the 2025 Investment Cycle

In the third quarter of 2025, Bitcoin miners face increasing pressure as the reward after the halving will drop to 3.125 BTC and the mining cost will reach $99,100 per BTC. As the price is close to $110,000, the meager profits forced miners to sell their holdings of Bitcoin, exacerbating the market downturn. ETF funds outflows in August were $751 million, and negative social sentiment reflected bearish trends, but long-term fundamentals remain strong, with institutional investors actively adopting it, with some analysts predicting a target price of $200,000.