August by the numbers: A look at crypto exchange volumes, open interest, and miner revenue

InstitutionalSeptember 1, 2022, 8:57AM EDT
UPDATED: April 25, 2023, 4:42PM EDT
August by the numbers: A look at crypto exchange volumes, open interest, and miner revenue
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Total adjusted on-chain volume, which is a proxy for economic throughput, saw a decrease of 4.2%, to $398 billion, in August. Overall, Bitcoin's on-chain volume decreased by 5.5% (from $317 billion to $299 billion), while Ethereum's on-chain volume stayed flat at $99 billion.

In August, Bitcoin's on-chain volume exceeded Ethereum's by 3 times.

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