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Glassnode Glassnode @glassnode · 44K subscribers
Post #79 1.08K
On-chain Exchange Fee Dominance shows the major role that centralized exchanges play in the #Bitcoin ecosystem.

20% of all miner fees are currently used for BTC txs involving exchange activity.

In 2018 after $BTC peaked, this number was as high as 41%.

Live chart | @glassnode
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