Bitcoin network activity rebounds, daily trading volume reaches the highest level since November 2024

CryptoQuant stated that the Bitcoin network activity index has rebounded after months of decline, with daily transaction volume reaching approximately 615,000, the highest level since November 2024, involving multiple indicators such as addresses, transactions, and UTXOs.

The analysis also pointed out that current Bitcoin fees remain low, and in this environment, exchanges and large holders may be conducting UTXO consolidation and fund restructuring. The surge in activity is partly due to operational behavior rather than purely organic demand.