: On-chain data shows that although miners sell fewer BTC, gains are realised by older investors. On-chain analytics provider, Glassnode, has released data showing that while long-term investors are taking money, Bitcoin miners are accumulating. Glass node's report reveals that miner outflows have dried up so far during February, despite January seeing strong selling from miners. Glassnode concludes that since October, when BTC broke out above $12,000, long-term holders have been taking profits.