TechFlow news: On August 5, cryptocurrency market analysis firm Santiment released a new report on social media indicating that as Bitcoin briefly dropped below $50,000, it coincided with the highest weekly trading volume since the FTX collapse in November 2022—approximately $99 billion to date. Due to elevated trader sentiment prior to this downturn, the average return of active BTC wallets over the past 30 days has fallen to a 26-month low.
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