Centralized exchanges are playing a decreasingly important role within Bitcoin network activity, which is highlighted by the number of fees that stem from transactions taking place on exchanges.
In past years, exchanges accounted for a far higher percentage of the transaction fees received by miners than presently.
This seems to indicate that although exchanges still play a major role within the ecosystem, users are beginning to transact with BTC at a far higher pace outside of these centralized venues.
Details:
https://www.newsbtc.com/2020/09/09/bitcoin-exchange-activity-now-accounts-for-20-of-all-miner-fees/