Yesterday, we saw that the Knots/Ocean "rebellion" is only ~1.4% of the network Hashrate. But are these miners actually filtering "spam" (large inscriptions) from their blocks? I analyzed the average transaction size of blocks mined in the last 30 days. The difference is undeniable: 🟦 Ocean (Filtered): 572 Bytes 🟧 AntPool (Unfiltered): 669 Bytes AntPool's blocks contain transactions that are, on average, ~17% larger. This confirms that Ocean is actively filtering out the largest data blobs. They are walking the talk.

The debate around Bitcoin Knots, block filtering, and "spam" is loud, but how much Hashrate is actually enforcing stricter rules on-chain right now? I queried the on-chain data for the last 30 days to find out. The result is stark: 🟦 Knots / Ocean: ~1.4% 🟧 Core / Others: ~98.6% The on-chain vote remains clear. For now.

Overlayed IBIT volume with whale activity (>10 BTC). The correlation is tighter than I expected. Whenever institutional volume spikes, native whales aggressively compete for the same coins. They aren't selling to the ETFs. They are front-running them.