Latest On-chain Corner Update 💡
📉 The number of wallets holding $BTC BTC is the lowest this year, at the lowest level in the past 3 years! This shows that the market activity is showing signs of weakening
🔹But if you remember, 3 years ago, after Bitcoin hit a similar activity bottom, the market exploded strongly and entered an uptrend cycle 🚀.
💰 And although there are not many active wallets left, these wallets are shark wallets with the number of $BTC holding up to hundreds of millions of dollars.