Bitcoin remains stable at $85,000 as the market navigates significant miner sell-offs and increased whale activity. On-chain data reveals that miner reserves have decreased by 900 BTC, equivalent to $76 million, over the past two days. Despite this, whale trading now constitutes nearly 50% of Bitcoin's realized market cap, indicating a shift of supply to stronger hands. The cryptocurrency's price continues to hold above crucial support and resistance levels, even as the market experiences stress. The Short-Term Holder Net Unrealized Profit/Loss (STH NUPL) indicator is in the red, reflecting current market conditions. This dynamic suggests that while miners are offloading, larger investors are stepping in to accumulate, maintaining Bitcoin's price stability.