US Bitcoin supply fell over 10% in the past year — Glassnode

by WorldFinance 4 months ago

written by WorldFinance 4 months ago 0 comment 1 minutes read

(BTC) abandoned the United States during the 2022 bear market, new research suggests.

In a tweet on June 8, on-chain analytics firm Glassnode revealed some surprising conclusions about who is now using Bitcoin.

Bitcoin regional Year-over-Year Supply Change annotated chart. Source: Glassnode/Twitter

Bitcoin U.S. Year-over-Year Supply Change chart. Source: Glassnode