CoinJoin volume explodes as investors seemingly opt for privacy

CoinJoin transactions have long been used to improve privacy on the Bitcoin base layer, and according to Glassnode, their volumes have skyrocketed since June 2022. The output count today stands at roughly 18,500 BTC, while the output volume is 3,900 BTC over a 7-day moving average. Services like Wasabi and Samourai Wallet have made these transactions more accessible by reducing fees and offering enhanced privacy features with the release of Wasabi Wallet 2.0. As privacy continues to erode, many investors are searching for new solutions... Discover what's driving this surge in CoinJoin usage in our exclusive Alpha article.

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