Sentora: Bitcoin miner on-chain transaction volume drops to approximately 3.3%, the lowest level since November 2022

Sentora posted 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 lower proportion of miner transactions usually means that they are more inclined to hoard Bitcoin rather than trade frequently, choosing to reduce selling in order to wait for prices to rise. November 2022 was the low point of the crypto market (the time of the FTX crash), and the current low proportion may indicate more of a wait-and-see attitude. [Odaily Planet Daily]