The number of Bitcoin Onchain transactions above $100,000 USD has reached the same level as in 2021. This reflects that whales are highly interested in moving their Bitcoin on the blockchain. Historically, high numbers of large transactions have reflected bullish periods and local tops. However, nothing has surpassed the 2017 bull cycle, which saw an average of 74k transactions. Currently, the number is similar to 2021, with daily averages ranging from 20k to 25k transactions!

👉 alphractal

👉 platform.alphractal