The average 7-day transaction fee on the Bitcoin chain has risen to $2.40, reaching a new high for 2025

According to Golden Finance, the average 7-day transaction fee on the Bitcoin chain has risen to $2.40, an increase of about $1 from early May, reaching a new high for the year. Glassnode data shows that illiquid supply (long-term BTC holdings) has reached a historical peak. Analysts say that the proportion of Bitcoin's market value has rebounded, indicating that the previous pullback was due to liquidity adjustments rather than the start of the "counterfeit coin season". The continuous decrease in trading platform stock coupled with rising demand may trigger more severe supply shortages, further pushing up Bitcoin prices.