Bitcoin miners have significantly reduced their BTC transfers to Binance, with the monthly average now at approximately 4,316 BTC, marking the lowest level since June 2023, according to CryptoQuant analyst Darkfost. Across all exchanges, the monthly average transfer from miners is about 4,381 BTC, indicating that overall selling pressure from miners remains relatively limited. Miners currently hold around 1.8 million BTC in reserves, making their activity a crucial market indicator. The decline in transfers suggests a potential shift in miner behavior, which could impact market dynamics.