According to statistics, the number of bitcoin bridged to the Avalanche blockchain saw a significant inflow on March 2, as more than 2,000 bitcoin were bridged on that day. Data further shows that as of Friday, March 3, a total of 8,504 bitcoin worth $190.9 million was bridged over to the Avalanche network.

Thirty-eight days ago, Bitcoin.com News reported that the number of bitcoin (BTC) ported over to the Avalanche network had surpassed the capacity of the Lightning Network. On Thursday, a significant amount of bitcoin was moved to Avalanche (AVAX) in the form of Avalanche bridged bitcoin, also known as BTCb.

Statistics from Dune Analytics show that more than 2,000 BTC, or roughly $44.7 million worth of bitcoin, was bridged to the AVAX chain. Since our report on January 24, 2023, the number of BTCb has risen 62%, from 5,248 to 8,504 BTCb.