The value of transactions in the Bitcoin network exceeded $100 trillion

The total value of transactions in the Bitcoin network for all time exceeded the value of $100 trillion.
The value of transactions in the Bitcoin network exceeded $100 trillion

The value of all transactions made during the existence of the Bitcoin network exceeded the mark of $100 trillion. However, the actual economic activity of the network is significantly lower than this estimate. This was reported by Ark Invest analyst David Puell.

In his statement, the analyst refers to data from the Glassnode project. The project takes into account transfers between wallets belonging to the same user. This information is from community crypt​odefix.com. According to Puell, the real value of transactions is $7.3 trillion.

To derive this value, he excluded transactions that are not linked between two separate entities.

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Bitcoin The first and most popular cryptocurrency.
The first and most popular cryptocurrency.

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