Data: The average transaction fee of Bitcoin has dropped to the lowest level in recent years

According to BlockBeats, on February 15th, CryptoQuant analyst Maartunn announced that the average transaction fee for Bitcoin is currently 0.000013 BTC (approximately $1.27), reaching its lowest point in many years. In May 2023, December 2023, and April 2024, the transaction fees of Bitcoin have skyrocketed multiple times. These increases were mainly driven by the launch of the Runes protocol and the significant rise in Bitcoin prices. At that time, the number of unconfirmed transactions in the mempool increased significantly, resulting in users having to pay higher fees to receive faster confirmations. Nowadays, mempool is idle, the popularity of Bitcoin inscriptions has declined, and many retail investors seem to have exited the market again. Now is the perfect time to optimize wallet management. If your Bitcoin is scattered across multiple addresses, now is a low-cost opportunity to merge them.