Part 1 Advanced The Market Maker’s Exchange Checklist (Liquidity, Latency, and Risk Controls) Market makers and HFT desks: evaluate exchanges on execution quality, liquidity, latency, fees, margin, and security — with a WhiteBIT walkthrough. Open guide Inscriptions cause sudden surge in Bitcoin mempool transactions
A surge in Inscriptions pushed the 7-day average Bitcoin mempool transaction count above 70,000.
Quick Take
This week saw an unexpected upsurge in the Bitcoin mempool transaction count. The increase has been primarily driven by a new wave of Inscriptions, which has pushed the 7-day moving average transaction count above 70,000.

Upon further examination, it is evident that the surge in inscriptions has been significant. On Nov. 6 alone, over 400,000 new Inscriptions were recorded. This magnitude of activity parallels the frenzy observed during the peak mania phase of Inscriptions. A detailed analysis indicates that substantial daily increases in inscriptions are rare. There have only been a few occasions where the number of new inscriptions exceeded 400,000 in a single day in 2023.

Furthermore, a low transaction value trend is visible on the mempool. Transactions valued at around $0.19 usually indicate Inscriptions and are increasingly populating the mempool.

















