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The number of Bitcoin non-zero addresses has decreased by 566,000 since June 15, which may be a signal that the market has bottomed out.
2024-07-09 13:57
Odaily News Santiment published a post on X stating that the number of non-zero wallet addresses on the Bitcoin chain currently stands at 54.09 million, a net decrease of 566,000 since June 15. Patient bulls should be happy about this, as this may be a sign of a FUD-driven market bottoming out, similar to what happened in January.