Blockchain enthusiasts, come and take a look at this interesting trend! 📈

Recently, an article from IntoTheBlock has caught everyone's attention: the proportion of Bitcoin miners' trading volume to total trading volume is approaching a historical low. This phenomenon is not simple! Usually during bull markets, when external capital pours into the market, this trend accelerates. In other words, miners' "share" of the entire trading market is gradually shrinking.

So, what does this mean? First, Bitcoin's block reward gradually decreases over time, which is an internal mechanism designed to control the supply of Bitcoin. This change in mechanism, coupled with the entry of more investors, has led to a decrease in miners' share of trading volume. In other words, the structure of market participants is changing, and more external funds are pouring in.

Is this good or bad for the market? We look at this issue with a neutral attitude. The decline in the proportion of miners' trading volume may mean that the market is mature and diversified, and more investors are involved, which may bring more liquidity and market vitality. But at the same time, it is also necessary to pay attention to miners' income and market stability.

Dear readers, what do you think of this trend? Feel free to share your thoughts and insights in the comments section, and let’s explore this interesting market dynamics together!