Only 0.52% of Bitcoin Is Working Onchain—Here’s Why

Your call?🐂 Bullish🐻 Bearish

104,105 BTC

productive onchain BTC

$BTC

$84,052

+1.2%

Only 104,105 BTC, worth about $8.7 billion, is currently deployed in productive onchain strategies, according to a joint report from Yield Basis and Valueverse. That represents just under 0.52% of the circulating bitcoin supply, leaving…