๐จ $BTC Holders Are Vanishing! ๐
Data reveals a shocking trend: Bitcoin active addresses are plummeting to cycle lows โ and this isnโt normal for a bull run. Weโve seen a nearly 50% drop from 1.15 million to around 680,000 active addresses since April 2021.
Whatโs happening? ๐ค Investors are HODLing harder than ever, keeping $BTC off exchanges. Plus, more traders are opting for centralized platforms for easier access.
This isnโt a sign of a dying market, but a *shift* in how Bitcoin is traded and held. Liquidity is evolving, and participation is finding new avenues. $SOL and $ZEC are also seeing similar trends in user activity.
#Bitcoin #CryptoAnalysis #HODL #MarketDynamics ๐

BTCUSDT
Perp
86,019.4
-1.74%

SOLUSDT
Perp
123.27
-4.52%

ZECUSDT
Perp
373.85
-7.14%