📉 **BITCOIN ACTIVE ADDRESSES IN DECLINE**

A notable shift: **BTC active addresses have been falling since January 2024.**

Timeline:

- **Jan 2024:** Spot Bitcoin ETFs launch

- **Post-launch:** On-chain activity begins to drop

Is ETF adoption changing how Bitcoin is held and used? 🤔

#Bitcoin #BTC #OnChain #ETF #CryptoAnalysis

$BTC

BTC

86,059.93

-2.79%

$LTC

LTC

77.42

-2.55%

$SUI

SUI

1.4565

-6.99%