Daily Bitcoin Ordinals sales volume soar to strongest level since December

Daily trading in Bitcoin Ordinals reached its most active level since December 6, 2024, with CryptoSlam data showing $11.5 million in sales on July 14.

The data also highlighted more than 8,000 unique buyers versus approximately 3,000 unique sellers, representing the widest buyer/seller gap in five months.

The surge places the sales volume curve above every reading printed this year while pulling the buyer count to its highest point since late November.

Weekly totals accelerate but remain slow overall

Activity has been advancing for more than a week. CryptoSlam’s seven‑day dashboard lists $25.8 million in Ordinals sales, a 116% jump from the previous seven‑day window, despite a sharp decrease in buyers and sellers.

Notably, the wash volume increased by 42%, but represented only 1% of the total volume in the period.

Furthermore, although the number of buyers and sellers decreased, the dollar-denominated average sale value increased nearly 40% in July.

Despite the increase in selling volumes, Ordinals have been registering a significant slump since February, when they last recorded over $100 million in monthly volume.

As of July 14, Ordinals’ trading volume hit nearly $39 million. It has the momentum to surpass June’s $58.1 million, but with the current average daily transaction count of 4,012, it is likely to fall short of $100 million.

Considering the average transaction currently sits at $694.05, the Ordinals market could add $47.3 million in volume for July, potentially taking the total to over $86 million.