Jun 01, 2026

Bitcoin Network Activity Drops 44% From 2021 Peak

TLDR: Bitcoin active addresses fell 44%, dropping from 1.12M daily in May 2021 to roughly 624K today. New wallet creation declined 43%, from nearly 489K per day to approximately 278K in this cycle. Spot Bitcoin ETFs allow institutional investors to gain exposure without creating on-chain wallets. Strategy sold 32 BTC worth $2.5M, its first Bitcoin [...]

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