'Tourism' in the space a new term to me.
Bitcoin blockchain activity has plummeted in recent months in Techradar By Sead Fadilpašić published about 1 hour ago
Bitcoin tourists are leaving in droves
Between rising inflation, fear of a recession, the return of Covid, the war in Ukraine, and the relentless supply chain disruptions, the global markets are in a state of fear, and are assuming defensive positions.
This has also reflected on the Bitcoin(opens in new tab) blockchain, whose activity has “reduced modestly” over recent weeks, according to a new report by Glassnode. The on-chain market intelligence firm says network activity is now at levels similar to those occurring during the “deepest bear phase” in 2018 and 2019.
“It appears that a near complete purge of market tourism has taken place,” Glassnode said in a report(opens in new tab). ....
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