- The Bitcoin network has settled roughly $10 Billion a day since the beginning of 2021
- The BTC transactions are between actual users of the Bitcoin network including institutional investors
- 15,700 Bitcoin left Coinbase yesterday, March 8th
- Institutions are not selling any of the Bitcoin purchased in the last few months
The Bitcoin network has been settling an estimated $10 Billion per day. This is according to data from the team at Glassnode that also explained that the daily transactions are of actual BTC changing hands. They explained their observation using the following statement and accompanying chart.
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