Bitcoin Network Activity Hits 2019 Lows!

📉📉📉

Active users on the Bitcoin blockchain have dropped to levels not seen since 2019!

From 1.2M 📈 in February ➡️ to just 950k 📉 by March.

Meanwhile...

🏦 Institutional investors are pouring billions into Bitcoin ETFs instead of buying and using BTC directly.

BlackRock's ETF alone holds almost $37.8 billion worth of Bitcoin!

💬 What does this mean?

✅ Easier access for new investors.

⚠️ Less on-chain activity could hurt Bitcoin's decentralization long-term.

Is this the new normal? Or should we be concerned?

Drop your thoughts below! 👇

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