The recent recovery in the on-chain metric marks a 3-week hi

The recent recovery in the on-chain metric marks a 3-week high as BTC’s utility shows signs of picking up.

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BTC

102,890

-5.26%

HIGH

1.21

-7.63%

687

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Another noteworthy thing in May is that Bitcoin’s (BTC) 30-day volatility dropped to 1.52%, which is far below the yearly average of 4% and higher.

After rising for four successive months, Bitcoin is on track to end May with losses of about 7%.

1INCH and HBAR will collectively see more than $120 million unlocked in the next 7 days.

Tokenomics insights platform Token Unlocks noted that more than $850 million worth of crypto will be unlocked this week.

Notably, OP and 1 INCH will see $618 million and $100 million unlocked respectively.

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