Insights

Bitcoin memory usage full, number of transactions waiting in the mempool exploding to new highs.

Quick Take

  • Bitcoin memory usage has exceeded 300MB, with a capacity of 545 MB
  • We are currently seeing <3.00 sat/vB being purged, while high priority is up to a whopping amount of 32 sat/vB
  • Inscription’s new count over 24 hour period has fallen dramatically, which shows demand is not at the original hype.
  • While the mempool number of transactions by cohort has exploded to new highs, this is the total number of transactions waiting in the mempool in different size (vByte) cohorts.
  • Could this potentially be panic to get coins off exchanges after the fallout from SIlvergate?
Memory Usage: (Source: Mempool.Space)
Memory Usage: (Source: Mempool.Space)
Inscriptions: (Source: Glassnode)
Inscriptions: (Source: Glassnode)
Mempool number of transactions: (Source: Glassnode)
Mempool number of transactions: (Source: Glassnode)

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