Markets· ★★★· neutral·

BIS Study Finds Bitcoin On-Chain Transfer Values Vary Up to 6x

  • —BIS study finds Bitcoin on-chain transfer value estimates vary up to 6x
  • —Discrepancies stem from UTXO structure, change outputs and self-transfers
  • —BIS urges market participants to reassess on-chain metrics
Why it matters: Distorted on-chain metrics complicate assessment of real network activity and can mislead trading decisions.
Source: Coinfomania