CryptoQuant: Sub-0.01 BTC transfers now make up 80% of daily Bitcoin transactions

PANews, June 19 — CryptoQuant Research Director Julio Moreno told The Block that Bitcoin transactions under 0.01 BTC now represent about 80% of daily activity, up from roughly 44% in 2023. The shift is being fueled by OP_RETURN-based on-chain data protocols such as Runes, Ordinals and BRC20, along with data timestamping services. These use cases generate large volumes of tiny transfers, with some transactions as small as 546 satoshis (about $0.35 at current prices), pushing up the share of low-value movements. Moreno added that Bitcoin's network activity index has climbed steadily since January and has reached its highest level since late 2024.