Glassnode: Inscriptions have contributed between 15% and up to 30% of the total transaction fee revenue for bitcoin miners this year. Inscription transactions consumed a minority share of blockspace (in bytes), but also account for around half of all confirmed transactions.
In addition, out of a total circulating supply of 19.574M BTC, over 14.900M (76.1%) are held off exchanges and have not moved in over 155-days, increasing by 825k BTC YTD.
Twitter@WuBlockchain|16:07 PM - Dec 19, 2023
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