Bitcoin Miner Distribution Re-Emerges: BTC Enters A Fragile Price Phase

Bitcoin has managed to reclaim the $88,000 level, offering a brief sense of stability after weeks of choppy price action. However, the broader picture remains fragile. Since early December, BTC has repeatedly failed to push above the $90,000 threshold, a level that continues to cap upside attempts and reinforce market hesitation. Related Reading: Bitcoin Supply In Profit Sets The Stage For Bullish Cross In Q1 2026 Adding to the cautious outlook, CryptoZeno, a CryptoQuant analyst, points to miner behavior as a growing short-term risk factor. According to his analysis, Bitcoin miner outflows are signaling rising sell-side pressure, a dynamic that has historically mattered during periods of weak momentum. The data shows a clear relationship between miner activity and short-term price movements. Sharp increases in total miner outflows—especially when large volumes of BTC are sent to exchanges—have frequently coincided with local price pullbacks rather than sustained rallies. Miners are oft