Bitcoin average transaction value increases 500% since July

The average value of Bitcoin (BTC) transactions has increased dramatically since July this year. The average transaction value was sitting at approximately $25,000 per transaction four months ago, but posted a yearly high on Oct 20 at $151,000 per transfer — representing an increase of more than 500%.

This surge in transaction value comes shortly after Bitcoin’s trading dominance rose to levels not seen since 2017. The $151,000 average value is 190 times more than Ethereum’s average transaction value of $793, suggesting a significantly greater institutional presence in the Bitcoin markets.

Timeline of Bitcoin