The cryptocurrency market has not been immune to the upcoming New Year's frenzy. Miners are diligently stockpiling tokens, preparing for the coming year. Despite a correction in the Bitcoin (BTC) price, market players are increasing their Bitcoin reserves. This is not their first time experiencing the volatility of this leading digital asset. According to estimates by IntoTheBlock, companies specializing in Bitcoin mining have been accumulating the cryptocurrency since November 30 of this year. By mid-December, they had amassed an additional 10,000 coins, valued at approximately $419.6 million. This trend has led to a significant increase in the number of Bitcoins held in miners' wallets, as observed by experts. The active purchasing of BTC by these entities positively impacts the market. As a result, it reduces pressure on the BTC price, giving market players confidence in the formation of a new bullish trend. Conversely, if miners and organizations involved in cryptocurrency mining hastily sell off their coins, it indicates an expectation of a decline in the asset's value. However, there is currently no cause for alarm. Cryptocurrency whales have capitalized on the recent Bitcoin dip. In early December, they purchased 13,010 BTC for a total of $545.9 million. Nevertheless, the market has seen unexpected developments: for instance, wealthy Bitcoin holders, owning at least $419.6 million in BTC, were selling their assets. This sell-off has hindered the continuation of the uptrend, experts believe.