May 7, 2025

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

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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

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Source: CryptoGlobe

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