Analysis: The value of BTC miner inflow trading platform has been achieved to reach its historical peak on August 13, indicating potential selling pressure

According to BlockBeats, on September 13, CryptoOnchain posted on social media that the value of the realized miner inflows reached a historical peak of US$1.87 billion on August 13, 2025, which is the largest transfer of miner holdings in Bitcoin's history. Two possible explanations are: · Miners’ surrender under pressure: rising operating costs and network difficulty may force miners to sell off, and historically such stages often coincide with the bottom of the cycle; · Strategic profit cashing: Some miners may lock in considerable profits at local highs to prepare for potential pullbacks. Regardless of the reason, the sudden increase in inflows has highlighted the scale of the value transfer of miners to the trading platform. This may create heavy supply-side resistance, potentially suppressing the upward momentum and increasing the probability of market volatility escalation.