@tidal25
Changes in Bitcoin’s active address count offer mixed signals for price implications. CryptoQuant data shows the network activity index at 3,760, a one-year low, with active addresses and daily transactions down 53% from 734,000, suggesting reduced adoption and bearish pressure. Yet, Glassnode reports 69.2% of BTC unmoved for a year, with whale addresses (1K-10K BTC) rising to 2,014, indicating accumulation. Historically, low activity preceded corrections, as in 2022, but strong HODLing can stabilize prices. Price impact depends on whether adoption rebounds or macro factors dominate.
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