The number of active wallets on the Bitcoin network has reached its lowest level since 2018

This is evidenced by data from IntoTheBlock. In the last week, 614,770 active wallets were recorded, which is the lowest figure in 6 years.

A decrease in the weekly ratio of active addresses, which has fallen to a minimum since 2010, indicates a phase of market consolidation. $BTC #Bitcoin #BTC

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June 29, 2024 at 8:33 AM
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