The 10–1,000 BTC range has consistently accounted for the majority of daily Bitcoin transaction volume this month.
March saw some interesting shifts in Bitcoin’s on-chain activity, demonstrating the strong influence of large-scale transactions. As Bitcoin continued to mature, large players dominated its daily volume. While smaller transactions remained in the shadows, the real drama took place in mid- to late March. A mysterious peak in early to mid-March saw a sudden surge in the 1,000 BTC to 10,000 BTC range, crowding out regular transactions. Then, just as things seemed to settle down, mid-March revealed another twist: What major moves rocked the Bitcoin network around March 15 to March 16, and who were the masterminds behind these massive transfers? Discover the forces driving Bitcoin’s tidal waves…