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BNB $645.22 +2.37%
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SOL $87.57 +2.49%
TRX $0.3288 -1.27%
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ADA $0.2531 +2.41%
BCH $464.51 +4.32%
LINK $9.44 +0.86%
HYPE $41.12 +4.83%
AAVE $94.48 +3.41%
SUI $0.9664 +2.85%
XLM $0.1787 +0.26%
ZEC $323.80 +3.90%

Data: The number of non-empty Bitcoin wallet addresses has decreased by 211,500 compared to three weeks ago

2024-11-05 10:43:26
Collection

ChainCatcher news, Santiment posted on the X platform that as traders await clarity in the cryptocurrency market, the number of non-empty Bitcoin wallets has seen a significant decline.

Compared to three weeks ago, the number of Bitcoin addresses has decreased by 211,500, which is a strong FUD signal typically associated with a bullish outlook for future prices. Meanwhile, this weekend saw a decrease of 11,600 USDC wallets in a single day, as the behavior of the stablecoin has been quite volatile.

Additionally, the number of Dogecoin wallet addresses increased by 46,400 within a week. This indicates that traders are speculating and gambling on Memecoins, even after last week's local peak.

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