Bitcoin Wallets See Largest Drop Since 2024, Hinting at Market Rebound

Bitcoin (BTC) shed around 245,000 wallet holders in just five days, the fastest rate of wallet exits in nearly two years, according to on-chain analytics firm Santiment. The last time this happened at a comparable pace, in the summer of 2024, it foreshadowed one of the more notable bull runs in recent memory. Wallet Exits Pile Up According to Santiment, the drop was likely tied to retail traders taking profit, and it…