BTC transaction activity most active since 2024

According to on-chain analysis firm CryptoQuant, Bitcoin's transaction frequency has reached its most active level since 2024. The firm noted that despite hedge funds reducing their BTC exposure, network activity is on the rise, creating a divergence between increasing transaction activity and sluggish price performance. CryptoQuant also highlighted that small-value daily transactions of under 0.01 BTC account for approximately 80% of this flow, indicating that while transaction frequency is high, the overall volume remains small.