The number of active Bitcoin users' addresses has falln to its lowest level since April 2020
With the decline in the price of Bitcoin and the frustration of some investors of this cryptocurrency from setting new records, 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.
the inactivity of bitcoin users since april is not that they leave bitcoin but they are not active in the market platform because their assets have been moved to their respective wallets. they seem to want to keep for a long time or after a new record is seen. so we can't assume that they no longer adopt bitcoin due to frustration.