WE-LaunchSentora: Bitcoin Miner On-Chain Transaction Share Drops to Around 3.3%, the Lowest Level Since November 2022
BlockBeats News, July 8th, Sentora (formerly IntoTheBlock) published an article stating that Bitcoin miners' share of on-chain transaction volume is at its lowest level in years. Currently, Bitcoin miner transactions account for about 3.3% of on-chain transaction volume, the lowest level since November 2022.
A decrease in miner transaction share usually means they are more inclined to hodl Bitcoin rather than engage in frequent trading, opting to reduce selling pressure in anticipation of price increase. November 2022 coincided with the crypto market bottom (during the FTX meltdown), and the current low share may imply a more cautious sentiment.
You may also like
ETH Holders Might Need More Patience for Fresh All-Time Highs
As of today, August 15, 2025, many Ether enthusiasts are eagerly watching the charts, hoping for a breakthrough…
Why Bitcoin’s Record High Evaporated in Hours: Unpacking the $124,000 to $117,500 Plunge on August 15, 2025
Bitcoin’s dramatic swing from a peak of $124,000 to a low of $117,500 in mere hours has left…
First US Staked Crypto ETF Hits the Market Today on August 15, 2025, Delivering Solana Exposure and Staking Rewards
Imagine stepping into a new era where your investments in cryptocurrency not only track the price of a…
DOJ Indicts Four North Koreans for $1 Million Crypto Heist from Blockchain Firm on August 15, 2025
As of today, August 15, 2025, the crypto market shows Bitcoin trading at $58,320 with a 0.85% gain,…
US Senate Approves Trump’s Budget Bill, Skipping Key Crypto Tax Reforms on August 15, 2025
As of today, August 15, 2025, the landscape of cryptocurrency regulation in the United States continues to evolve,…
Gainers
Customer Support：@weikecs
Business Cooperation：@weikecs
Quant Trading & MM：[email protected]
VIP Services：[email protected]
App