Glassnode: On-chain activity driven by retail investors in the Asia-Pacific region is growing significantly faster than in the United States and the European Union
According to ChainCatcher news and analysis from Glassnode, on-chain activity dominated by retail investors in the Asia-Pacific region is growing significantly faster than in the United States and the European Union.
Since the cycle low in December 2022, the Bitcoin supply in the Asia-Pacific region has increased by 6.4% year-on-year, while the United States and the European Union have seen declines of 5.7% and 0.7%, respectively, indicating a sustained increase in demand for Bitcoin from retail investors in the Asia-Pacific region.
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