Re: The number of active Bitcoin users' addresses has falln to its lowest level
the number of active bitcoin users' addresses has fallen to its lowest level since April 2020, which is a serious alarm for this popular cryptocurrency. With a large proportion of new investors leaving the market after recent falls, the share of whales (large holders) of total Bitcoins has now reached new historical records.
We're in the middle of a bull run. More people are HODLing, why would they spend now?
Lightning Network gained popularity. Off-chain transactions are not counted.
Counting the "active" addresses is more and more an useless and inaccurate indicator; of course, it's good for a bit of FUD
