Bitcoin On-chain Transcation Volume Hits a 6-Month High

BTC transaction volume hit $44.03 billion, marking the highest day in the past six months, suggesting major market moves ahead.

Bitcoin transaction volume is significant in assessing investor behavior and market activity to predict prevailing sentiment. As of press time, BTC is trading at $103,305, a 1.99% drop in the past week, with a 39.68% surge in trading volume over the past 24 hours, per CoinMarketCap.

Recent blockchain data from Santiment has revealed 3 major transactions that have caught the market’s attention as of June 2025. According to the data, three massive Bitcoin transactions correlating to BTC’s market top occurred on the 1st and 2nd days of June. These transactions were executed as Bitcoin attempted a bounce back to $107k.

The transactions entailed a 130,010 BTC worth $14.11 billion, a 78,647 BTC worth $9.41 billion, and a 22,531 BTC transfer worth $2.36 billion. These were recorded as the largest individual transactions of the month, amid $44.03 billion worth of transaction volume on the Bitcoin Blockchain.

So, what does this mean for BTC?

Large transactions signal whale activity on BTC’s market, mainly from institutional investors. The polarizing amount could signal profit-taking. This suggests potential volatility ahead or incoming bearish pressure following Bitcoin’s new all-time highs.

However, profit-taking could signal that new institutional investors could be taking advantage of the recent market tops to reap returns on their crypto portfolios. Historically, substantial spikes in transaction volume often precede major price changes. Traders are closely watching BTC’s next move as big players influence exchange flows to weigh the market deeply.

Disclaimer: The information in this press release is for informational purposes only and should not be considered financial, investment, or legal advice. Coin Crypto News does not guarantee the accuracy or reliability of the content. Readers should conduct their own research before making any decisions.