41 sats \ 1 reply \ @Nuttall 7 Sep \ on: BTC Network Activity is Stuck bitcoin
I think if there is a lot of lightning channel activity then you won't see that reflected except for opening and closing channels.
Or any other off chain, multi signature ventures... Very important to think about.
Settlement is Bitcoin activity. Use is everything that doesn't settle.
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31 sats \ 0 replies \ @Cje95 OP 7 Sep
I see what you are saying and I wonder if there is a way to factor in L2s to better track. Needless this time around whales do not seem to be accumulating like they have been with previous pull backs
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