List of Flash News about BTC wallets surge
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2025-06-05 00:03 |
Bitcoin On-Chain Activity Surges: New Wallets Hit 556,830 and Coin Circulation Peaks as BTC Nears $105K
According to Santiment, Bitcoin's on-chain activity has sharply increased this week, with 556,830 new BTC wallets created on May 29, marking the highest level since December 2, 2023. Additionally, on June 2, 241,360 coins were circulated, the highest since December 8, 2024 (Source: Santiment, June 5, 2025). This rise in both new wallet creation and active coin circulation indicates heightened trader engagement and potential for increased price volatility, making this a critical period for short-term trading strategies. These metrics often correlate with liquidity influxes, which can present both buying and selling opportunities for active traders, especially as BTC price hovers just below the $105K resistance level. |