TechFlow reports, according to cryptocurrency market research firm Santiment, the number of wallet addresses holding Bitcoin (BTC) has declined over the past month, but this could be a positive signal for investors.
Santiment's report指出 that the number of addresses with a BTC balance greater than zero decreased by 672,510 over the past month. This decline may indicate that some traders view March's all-time high this year as the peak for 2024. However, Santiment also noted that when such large-scale liquidations occur, the likelihood of a sustained rebound tends to increase. This means that although the number of Bitcoin holders has dropped in the short term, it could create conditions for a price recovery in the long run.
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