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

InstitutionalNovember 1, 2021, 11:58AM EDT
UPDATED: May 12, 2023, 5:21PM EDT
October 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 an increase of 24%, to $856 billion, in October. Overall, Bitcoin’s on-chain volume increased by 35% (from $416 billion to $562 billion), while Ethereum’s on-chain volume increased by 6.9% (from $275 billion to $294 billion).

In October, Bitcoin’s on-chain volume exceeded Ethereum’s by 1.91 times.

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