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Though Markets are Unpredictable Short-Term, the Long-Term FUD May Pay Dividends for Patient Traders!

@brianq
1 min read
04.11.2024
DOGE
USDC
BTC


📊 As traders wait for clarity in crypto markets, Bitcoin has been seeing a notable decline in the amount of non-empty wallets. 211.5K less addresses exist compared to 3 weeks ago, a strong sign of FUD that typically is associated with future bullish price performances.

Meanwhile, Santiment also picked up a drop of -11.6K USDC wallets in a single day this weekend, as stablecoin behavior fluctuates wildly.

Also, keep an eye on Dogecoin wallets suddenly rising rapidly (+46.4K in one week). This is a sign of traders speculating and gambling on memecoins, even after last week's local top.

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Featured in this Insight

Bitcoin BTC

$ 117508.75
8.91%
in last 7d

Dogecoin DOGE

$ 0.190238
13.46%
in last 7d

Grayscale BTC ETF mini BTC

N/A
0%
in last 7d

USD Coin [on Arbitrum] USDC

$ 1.000008
0.0064%
in last 7d

USD Coin [on BNB] USDC

$ 1.000008
0.0064%
in last 7d

USD Coin [on Polygon] USDC

$ 1.000008
0.0064%
in last 7d

USD Coin [on Optimism] USDC

$ 1.000008
0.0064%
in last 7d

USD Coin [on Ethereum] USDC

$ 1.000008
0.0064%
in last 7d

Department Of Government Efficiency (dogegov.com) DOGE

$ 0.008526
5.03%
in last 7d

USD Coin [on Avalanche] USDC

$ 1.000008
0.0064%
in last 7d

USD Coin [on Solana] USDC

$ 1.000008
0.0064%
in last 7d
DOGE
USDC
BTC

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