Since the creation of the first cryptocurrency, the value transferred through its blockchain has reached $ 8.89 trillion. This is stated in the analytical report Cryplogger for November.
In this indicator, the total cost “Profitable coins” amounted to $ 5.1 trillion, and “unprofitable” – $ 3.79 trillion.
In November, the number of addresses with a non-zero balance set a record at around 39.21 million.The previous maximum was reached in April – 38.7 million.
An increase in the indicator may indicate an increase in the number of retail cryptocurrency users and overall on-chain activity.
Bitcoin supply on centralized exchanges fell to July 2018 levels. Apparently, many market participants prefer safer non-custodial wallets, focusing on long-term investment horizons.
Recall that since the beginning of 2021, the Bitcoin network has processed a larger volume of transactions in US dollars than the PayPal payment system.
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