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🔥Bitcoin network activity rebounds, daily trading volume reaches the highest level since November 2024
On April 7, CryptoQuant reported that after months of decline, the Bitcoin network activity index has rebounded, with daily trading volume reaching approximately 615k transactions, the highest level since November 2024. The analysis covers multiple indicators including addresses, transactions, and UTXOs. It also notes that current Bitcoin fees remain low, and in this environment, exchanges and large holders may be engaging in UTXO consolidation and fund restructuring. The surge in activity is partly driven by operational behavior rather than purely organic demand.
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