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
Ethereum's net supply increased by 18,469 in the past 7 days
Swiss crypto bank Amina Bank completes DLT settlement test via Google Cloud
Data: Machi increases Ethereum long positions to $28.6 millions, with an entry price of $2,981.59
Nasdaq: Approval of its tokenized stock program by the SEC is now a top priority