Analysis Over 75% of Bitcoin’s On–Chain Volume Doesn’t Change Hands Using advanced entity–adjusted metrics we assess Bitcoin's true transfer volume and show that only up to 25% of BTC moved on–chain actually changes owners.
Analysis Asymmetric Correlations of On–Chain Activity: Using Litecoin when Sending Bitcoin Becomes Expensive Asymmetric on-chain data correlations show significant increases Litecoin network activity as a result of increased Bitcoin transaction fees.
