BIS: Bitcoin Transaction Volume Can Vary Up to 6x Depending on Counting Method
- —BTC transaction volume can differ up to 6x depending on the counting method
- —Simple BTC capitalization during price rallies is up to 4x higher than realized capitalization
- —Of Ethereum's 54 million smart contracts, 13 million are considered active, and 1.4 million issue tokens
- —The USDT symbol has been reused in approximately 7,000 token contracts
Why it matters: On-chain metrics relied upon by traders and analysts may distort actual network and stablecoin activity, leading to erroneous conclusions about demand.
Source: TokenPost