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Bitcoin, Dogecoin, and Cardano Reveal Recent Retail Trader Hesitance

@brianq
1 min read
18.11.2024
LINK
DOGE
ADA
XRP
ETH


🐟 When a network's overall amount of wallets declines, it is a sign of FUD & capitulation from novice traders that is often a bullish indicator for the coin's price (since those liquidated coins are likely being bought by larger whales & sharks who are hodling for the long-term.

Retail traders largely control the amount of non-empty wallets on a network, considering there are an enormous amount of small wallets compared to whale wallets. With this said, here are the changes in non-empty wallets over the past month for notable top cap assets:

🪙 Bitcoin (BTC): +11,263 (+0.02%)
🪙 Ethereum (ETH): +1,950,000 (+1.50%)
🪙 XRP Ledger (XRP): +88,261 (+1.61%)
🪙 Cardano (ADA): -34,931 (-0.78%)
🪙 Dogecoin (DOGE): +109,410 (+1.65%)
🪙 Chainlink (LINK): +991 (+0.14%)

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Featured in this Insight

Ethereum ETH

$ 3777.22
6.22%
in last 7d

Dogecoin DOGE

$ 0.238151
-5.67%
in last 7d

Cardano ADA

$ 0.823177
0.0514%
in last 7d

HarryPotterObamaPacMan8Inu XRP

$ 0.007135
-1.11%
in last 7d

XRP Ledger XRP

$ 3.174025
-7.6%
in last 7d

Department Of Government Efficiency (dogegov.com) DOGE

$ 0.009812
-24.61%
in last 7d

ChainLink LINK

$ 18.33
2.6%
in last 7d
LINK
DOGE
ADA
XRP
ETH

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