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BTC $76,324.20 -0.30%
ETH $2,270.35 -0.97%
BNB $619.55 -0.83%
XRP $1.38 -0.13%
SOL $83.81 -0.38%
TRX $0.3235 +0.51%
DOGE $0.1069 +6.95%
ADA $0.2473 -0.04%
BCH $448.43 -0.88%
LINK $9.16 -0.99%
HYPE $40.22 +0.24%
AAVE $93.18 -3.84%
SUI $0.9154 -1.22%
XLM $0.1602 -1.11%
ZEC $331.01 -1.49%

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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