60k Bitcoin Absorbed By Accumulators As Miners Send It To... (2026)

Bitcoin accumulators absorbed 60,000 BTC, but miners sending their rewards to exchanges could lead to overhanging sell pressure.

Bitcoin’s (BTC) early-January rally is unfolding against a mixed on-chain data backdrop, where strong accumulation demand is colliding with renewed miner distribution.

Bitcoin accumulator addresses added roughly 60,000 BTC in six days, ending a multi-month consolidation phase.

Miners sent about 33,000 BTC to exchanges in early January, signaling reduced long-term holding.

The wider market impact hinges on whether spot demand can consistently absorb fresh sell-side supply.

CryptoQuant data noted Bitcoin accumulator addresses increasing their holdings to 310,000 BTC from about 249,000 BTC within the first six days of January. This marks a decisive shift after a consolidation period from September to December 2025, when holdings fluctuated from 200,000 to 230,000 BTC.

The timing is notable. Accumulation has accelerated alongside Bitcoin’s rebound toward the low-$90,000 range, suggesting that long-term participants are willing to absorb available supply rather than wait for deeper pullbacks.

At the same time, the Bitcoin network saw about 33,000 BTC move from miner wallets to Binance in the first six days of 2026, a relatively high figure compared to typical miner flows.

According to a QuickTake post on CryptoQuant, this behavior suggests miners are opting to de-risk after the recent price advance, a pattern that often emerges during periods of post-rally uncertainty.

However, such selling pressure from miners alone does not automatically imply a sharp correction. The decisive factor is whether offsetting demand remains strong enough to absorb this supply without forcing prices lower.

Source: CoinTelegraph