Mass Capitulation: 672,510 Bitcoin Wallets Dumped BTC in a Month, On-Chain Data Shows

The number of wallets holding Bitcoin has been dropping at a rapid pace, with data suggesting that traders are capitulating over the belief that the price of the flagship cryptocurrency won’t surpass its all-time high of $73,500 seen in March. According to data from on-chain analytics firm Santiment, the number wallets with a BTC balance […] source: https://www.cryptoglobe.com/latest/2024/07/mass-capitulation-672510-bitcoin-wallets-dumped-btc-in-a-month-on-chain-data-shows/