The number of Bitcoin non-empty wallet addresses has decreased by 211,500 compared to three weeks ago
Santiment posted on X platform that the number of non-empty Bitcoin wallets has significantly decreased while traders wait for clarity in the cryptocurrency market. 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 future price.
Meanwhile, the number of USDC wallets decreased by 11,600 in a single day this weekend due to the high volatility of stablecoins. Additionally, the number of Dogecoin wallet addresses increased by 46,400 in a week. This indicates that traders are speculating and gambling on Memecoins, even after last week's local top.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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