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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

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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