比特币链上 7 日平均手续费升至 2.40 美元，较 5 月初上涨约 1 美元，创年内新高。Glassnode 数据显示，长期未动的 BTC“非流动性供应量”已创历史新高。与此同时，比特币的市场主导地位在此前回落后出现回升，或表明其相对其他加密资产的短期回调更多受流动性影响，而非市场结构性转向“山寨币季”。（TheBlock）

<div>比特币链上 7 日平均手续费升至 2.40 美元，较 5 月初上涨约 1 美元，创年内新高。Glassnode 数据显示，长期未动的 BTC“非流动性供应量”已创历史新高。与此同时，比特币的市场主导地位在此前回落后出现回升，或表明其相对其他加密资产的短期回调更多受流动性影响，而非市场结构性转向“山寨币季”。（TheBlock）<div> </div><br><br></div>

比特币手续费创年内新高，非流动性供应创新高

Bitcoin's on-chain 7-day average transaction fee has risen to $2.40, increasing by about $1 from early May and reaching a new high for the year. glassnode data shows that the long-term inactive BTC "illiquid supply" has reached a historical peak. Meanwhile, Bitcoin's market dominance has rebounded after a previous decline, which may indicate that its short-term pullback relative to other crypto assets is more influenced by liquidity rather than a structural market shift towards Altcoin season. (TheBlock)

<div>Bitcoin's on-chain 7-day average transaction fee has risen to $2.40, increasing by about $1 from early May and reaching a new high for the year. Glassnode data shows that the long-term inactive BTC "illiquid supply" has reached a historical peak. Meanwhile, Bitcoin's market dominance has rebounded after a previous decline, which may indicate that its short-term pullback relative to other crypto assets is more influenced by liquidity rather than a structural market shift towards an Altcoin season. (TheBlock)<div> </div><br><br></div>

Bitcoin transaction fees hit a new high this year, and illiquid supply hit a new high

Author: Yuanshan Insights
Data Source: Farside Investors, SoSoValue, Fed H.4.1 Report, CryptoQuant

On the first trading day of 2026, BTC ETF saw a net inflow of $471 million.

What does this figure mean?

In November and December, the combined net outflow of spot BTC ETFs was approximately $4.57 billion; with a net outflow of approximately $1.09 billion in December alone.

Many people frantically sold at a loss above 93K, and institutions bought back about one-tenth of that amount on January 2nd alone.

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Smart money influx! Decoding the three driving forces behind the BTC rebound.

After a long period of weakness, the meme coin has finally seen an encouraging rebound.
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Besides $114,514, what other projects should I keep an eye on?

Author: Bitcoin Orange Trader
The Japanese-language native Meme coin, priced at $114,514, has seen a nearly 50-fold increase in the past 48 hours.

Currently, this trend is mainly concentrated in the Japanese community; it hasn't yet gained widespread traction in the Chinese-speaking world, indicating a significant information gap due to cultural differences.

1. Meme Origins and Cultural Genes (Cult Culture)

This isn't a random combination of numbers, but rather a legendary "meme" in Japanese internet culture (similar to "Chicken You're So Beautiful" in Chinese or "Pepe" in Western culture), possessing extremely strong viral potential and community consensus.

...