IntoTheBlock: The proportion of Bitcoin mining transaction volume is approaching a historical low, with more external funds flowing into the market
According to IntoTheBlock monitoring, the percentage of Bitcoin mining transactions in total transaction volume is approaching a historical low, reaching new cycle lows in recent weeks. This trend typically accelerates during bull markets, especially when there is a significant influx of external capital into the market. As block rewards decrease and market investment increases, miners' share of total transaction volume continues to decline.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Odaily Morning News
Aave launches DeFi United rescue plan, over 100,000 ETH raised
20 Million RAVE Transferred from Bitget to Eight On-Chain Wallets
A wallet associated with RookieXBT spent 25,000 USDC to purchase 1.89 million SPIKE