The number of 10,573,357,519 BTC traded at addresses has gradually decreased since 2022, according to cryptocurrency analyst Axel Adler Junior, dropping to levels last seen at the end of 2016. Currently, the number of BTC deposit addresses based on a 30-day moving average is around 52,000, significantly down from the 10-year average (92,000). Adler stated: "The amount of BTC sold in the past 3 years has decreased to 1/4. This indicates that investor sentiment is increasingly strong in holding BTC long-term. From the perspective of decreasing selling pressure, this is a bullish signal."