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BIS study finds Bitcoin transaction data can vary sixfold due to technical measurement issues.

Market News
15 Sep 2026
Crypto Briefing
View Source
Neutral
BIS study finds Bitcoin transaction data can vary sixfold due to technical measurement issues.

A Bank for International Settlements (BIS) working paper reveals that Bitcoin transaction volumes can differ by a factor of six depending on how unspent transaction outputs (UTXOs) are counted. This finding questions the reliability of common crypto metrics used to gauge economic activity in the multi-trillion-dollar market. The study also highlights similar complexities in measuring activity on Ethereum and Tron due to smart contract interactions and stablecoin usage. The BIS urges more standardized and transparent methodologies for interpreting onchain data to improve accuracy and market understanding.

Bitcoin onchain transfer estimates are the subject, with Pluang market data providing context. As of Sep 16, 2026 03:28 WIB, 4 of 50 major cryptocurrencies rose and 45 fell. Notable movers include ALGO at Rp1.586 (-8.00%), EGLD at Rp68.847 (-7.53%), and NEO at Rp36.770 (-7.46%).

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