GuShiio.com In response to user @BitImmortal’s question about whether the trading volume on the BTC chain is far from reaching the 2021 level, which means a large-scale bull market, CZ said: My instinct is that due to the high cost and long block time, BTC is now more like a reserve asset than a trading currency. A lot of the new money is buying ETFs, and these ETFs will not be reflected in on-chain transactions. But my opinion may also be wrong.& rdquo;
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