HomeUncategorizedUS Bitcoin supply fell over 10% in the past year — Glassnode By Cointelegraph

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

June 8, 2023

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© Reuters.

(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