BIS: Bitcoin transfer volume estimates vary by up to six times
- —BTC transfer volume estimates vary by up to 6x across methods
- —13 million active contracts analysed, including 1.4 million tokens
- —On Ethereum, stablecoins are linked to smart contracts; on Tron, they are outside them
- —The authors propose granular estimates with explicit assumptions
Why it matters: On-chain metrics should be read as rough estimates rather than direct measurements of economic activity.
Source: CryptoSlate