In the uncertainty of the cryptocurrency market, on-chain data reveals some interesting dynamics. First, the number of non-empty Bitcoin wallets decreased by 211,500 in just three weeks, a change that is often viewed as a FUD signal for market sentiment, potentially indicating a future price increase.
Meanwhile, USDC wallets saw a decrease of 11,600 in a single day over the past weekend, reflecting a cautious attitude among stablecoin holders.
It is noteworthy that the number of Dogecoin wallet addresses increased by 46,400 in one week, as traders actively speculate on Meme coins despite the market hitting local peaks. These data changes provide important observational perspectives for market participants.