The number of active addresses in $BTC is at its lowest since 2018 - @IntoTheBlock 🤔
The total number of active wallets has reached multi-year lows. The week of May 27 saw 614,770 active wallets, the lowest since December 2018.
Also Bitcoin activity has fallen to its lowest level since 2010.
The lack of retail participation is believed to be reducing bitcoin wallet activity as the famous memcoins attract speculators, distracting them from more established cryptocurrencies.
