The activity on the Bitcoin chain has declined, and the number of transactions to be confirmed on the entire network exceeds 24,000

According to the data monitoring on the Tokenview chain, the total amount of transfers on the Bitcoin chain in the last 24 hours was 1.158 million BTC, and the number of transfers on the chain was 309,300, which were 0.73% and 7.73% lower than the average of the past seven days. The amount of Bitcoin recharged to the exchange is 17,662 BTC, and the amount withdrawn from the exchange is 10489 BTC. The deposit and withdrawal indicator is also below the seven-day moving average. The overall activity on the chain has declined, and the market may once again usher in a range shock.

In terms of mining data, the average hashrate of Bitcoin in the past seven days was 108.19 EH / s, and the average hashrate of nearly 24 hours was 107.81 EH / s. At present, there are approximately 24,500 transactions to be confirmed on the entire network, and the number of transactions to be confirmed is relatively large. The transaction fee can be appropriately increased during on-chain transfers to reduce waiting time. Note: The above content is for reference only and does not constitute investment advice.