Bitcoin miners have maintained considerable BTC holdings despite bullish market shifts in 2024. A significant drop in BTC FLOW into exchanges shows strong HODLing behavior. With minimal market sell-offs, miners preserve most of their accumulated BTC, benefiting from realized versus unrealized profits.

As observed, miner reserves have slightly decreased, dropping from over 1,838 million BTC to 1,807 million BTC by 2025. These adjustments come as miners optimize profit gains to cover operational costs, emphasizing the ongoing reserve balance seen through the Miner Position Index (MPI) levels.

Notably, ETF flows showed a positive shift, with 908.1 million USD acquired. This upswing suggests substantial institutional interest and could support price trajectories above 100,000 USD. Investors anticipate significant gains as market confidence strengthens, backed by a recovering Bitcoin ecosystem.