Summary
- It was stated that the current dominance of large Bitcoin transactions is 1% higher than the 10-year average.
- It was reported that large Bitcoin transactions account for 94.5% of the total trading volume on exchanges.
- It was analyzed that as the cycle approaches its peak, the dominance of large transactions decreases.
An analysis has revealed that the dominance of large Bitcoin (BTC) transactions is 1% higher than the 10-year average.
On the 2nd (local time), Axel Adler Jr., a contributor to CryptoQuant, stated on X, "Large Bitcoin transactions on exchanges account for 94.5% of the total trading volume," adding, "As the cycle approaches its peak, the dominance of large Bitcoin transactions decreases." He further noted, "This pattern was observed in the $35,000 to $70,000 price range in the past," and "The dominance of large transactions is still 1% higher than the 10-year average."
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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