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Bitcoin Transfer Volume Remains Significantly Lower Than 2021 Bull Run Levels

July 4 (Cointime) - According to Glassnode, Bitcoin transfer volume has increased to $4.56 billion recently, but is still significantly lower than the 2021 all-time high. The entity-adjusted transfer volume has been going up recently, which is a positive sign for the sustainability of the current rally. However, the current transfer volume is still 65% lower than the norm during the 2021 bull market. Bitcoin is currently trading around $30,600, up 1% in the last week.

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