On-chain data tells different stories: whales holding 10-10000 BTC ended their sell-off at the end of November and started buying back.
Meanwhile, the number of daily active addresses on the Bitcoin network has dropped by about 35% from its peak. This indicates a divergence between institutional confidence and network usage activity.
Smart money always enters early in price discovery.
Look for small-cap projects that are beginning to see active on-chain transactions and have solid community building, such as the P U P P l E S coin, which is perhaps a way to catch the next wave.
pippin
Alpha
0.38799
+9.89%
USDC
0.9998
0.00%
GRASSUSDT
Perp
0.3262
-1.15%
