The number of BTC wallets has decreased over the past month, but Santiment believes this is a good sign for investors. 📉
- The number of BTC wallets with a balance of more than 0 decreased by 672,510 over the past month.
- Santiment: "When you see such mass liquidation, the possibility of recovery increases."
- BTC price dropped from $70,000 in early June, but recovered to $65,000 this week.
- 89.43% of BTC supply is profitable, down 6.5% since mid-June.
- CryptoQuant: OTC market outperforms centralized exchanges, signs of institutional accumulation.
- Whale wallets added 1.45 million BTC this year, accounting for 9% of circulating supply.
- Trading volume on centralized exchanges decreased 21.8% in June, but BTC spot market increased 12% last week.
What do you think about this trend? Comment! 💬#Bitcoin#Crypto #Blockchain