Bitmap Price Surges on Merlin Chain with Significant Premium

According to BlockBeats, on September 10, the price of Bitmap on the Bitcoin Layer 2 network Merlin Chain reached $36.39, reflecting a 14.2% premium compared to its price of $31.85 on Bitcoin Layer 1. Over the past seven days, Bitmap's trading volume on the decentralized exchange MerlinSwap on Merlin Chain surpassed $464,000, while on Magic Eden, it was only $88,000. This significant difference highlights the growing preference for trading Bitmap on Merlin Chain. Additionally, the largest whale holding Bitmap has sold over 13,200 Bitmap on MerlinSwap, exchanging them for 12 Bitcoins, valued at over $680,000. This substantial transaction underscores the active trading and liquidity of Bitmap on Merlin Chain.