Markets· ★★★· bullish·

Chainalysis: US turns net Bitcoin importer for first time since 2022

  • —North America's on-chain value reached $3.02 trillion, down 1.9% year over year
  • —US crypto economy totaled $2.78 trillion, down 2.2% but nearly double 2025 levels
  • —Transfers above $10 million alone moved 53,200 BTC into the US
  • —Canada grew 2.3% to $247.7 billion and leads global cross-border flows
Why it matters: Spot ETFs and corporate treasuries are pulling Bitcoin into the US, absorbing coins sold by retail holders abroad.
Source: Journal du Coin