Glassnode: Retail-led on-chain activity in the Asia-Pacific region is growing significantly faster than in the United States and the European Union

Odaily News According to Glassnode analysis, retail-led on-chain activity 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 supply of Bitcoin in the Asia-Pacific region has increased by 6.4% year-on-year, while the United States and the European Union have decreased by 5.7% and 0.7% respectively during the same period, indicating that retail investors in the Asia-Pacific region continue to grow in demand for Bitcoin.