🚨#breakingnews 🚨 👉$BTC the future or will another token with more utility dethrone it 🤔 👉#BTC transaction activity hits 18-month low despite price strength
👉BTC network activity shows a declining number of transactions, while the average transaction size has reached $36,200.
👉Transactions over $100,000 now dominate 89% of the total network volume compared to 66% in 2022.
👉Smaller transactions under $100,000 have dropped from 34% to just 11% of the total transfer volume.
👉Fee pressure remains historically low at $558,000 daily, even though BTC is trading near its all-time high of $111,700.
👉Off-chain trading volumes now exceed on-chain settlements by 7-16 times in spot and #Derivatives markets.
👉Combined open interest in futures and options reached $96.2 billion, showing a massive #leverage buildup.
👉This represents a fundamental shift from previous cycles, where high prices meant network congestion.