Bitcoin Wallet Count Falls 0.05% Amid Market Uncertainty
Photo: Cointribune
The disappearance of 30000 Bitcoin wallets fuels the idea of retail capitulation, at a time when Galaxy recommends accumulating BTC. Compared to the roughly 60 million addresses still active, this decline represents only about 0.05% of the total and is not enough to confirm a market reversal. Since October 16, the number of Bitcoin addresses with a positive balance has decreased by 30000, returning to nearly 59.95 million, according to Santiment data. This development occurs while BTC struggles to sustainably move away from the 80000 dollar zone .
Source: Cointribune
