Bitcoin On-Chain Volume Can Differ 6x Which Number Should Traders Trust?

Bitcoin records every transaction on a public ledger, but that data does not produce one fixed measure of economic activity. A September 2026 BIS working paper found Bitcoin transfer-value estimates can differ by as much as six times. The result changes depending on how analysts count transaction outputs and remove funds returned as change. The […] Read The Full Article Bitcoin On-Chain Volume Can Differ 6x Which Number Should Traders Trust? O…