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Data: Bitcoin miners earned a total of $885 million in October, and approximately 41,000 ETH were destroyed on the Ethereum network.

According to data from The Block Pro, Bitcoin miner revenue in October increased by 17.4% to $885 million, while Ethereum staking revenue increased by 8.6% to $125 million. In October, the Ethereum network burned a total of 41,348 ETH, equivalent to $70.3 million. Since the implementation of EIP-1559 in early August 2021, Ethereum has burned a total of approximately 3.67 million ETH, equivalent to $10.31 billion. The adjusted total on-chain transaction volume for Bitcoin and Ethereum in October increased by 34.8% to $196 billion, with Bitcoin's on-chain transaction volume increasing by 45.7% and Ethereum's on-chain transaction volume increasing by 20.1%. The adjusted on-chain transaction volume for stablecoins increased by 19.2% to $554.6 billion, while the issued supply decreased by 0.2% to $115.8 billion, with USDT and USDC accounting for 73.2% and 19.6% of the market share, respectively. In October, Ethereum NFT platform transaction volume increased by 2% to $267 million. The transaction volume on Blur platform has been exceeding OpenSea for 9 consecutive months. In addition, compliant CEX spot trading volume increased by 55.2%, reaching $291.2 billion. Binance accounted for 69.2% of the market share, Coinbase accounted for 10.7%, BTSE accounted for 5.8%, Kraken accounted for 5.6%, and LMAX Digital accounted for 2.9%.
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