Analysis: On-chain data shows a recovery in market sentiment, with the number of BTC withdrawal addresses starting to decrease

By: theblockbeats.news|2025/12/21 14:46:03
0
Share
copy

BlockBeats News, December 21st, Data analyst Murphy stated that on-chain data has seen signs of sentiment recovery. The number of addresses that switched from "HODLing BTC" to "completely exiting the market" within 30 days had surged between November 13th and 25th, during which the BTC price experienced its fastest and most significant decline. The increase in these sell-off addresses reflected the market's panic and pessimism.

However, starting from December 1st to the 18th, as BTC repeatedly tested its bottom, the number of sell-off addresses started to decrease, aligning perfectly with the bullish behavior and sentiment shift seen in the futures market.

-- Price

--

You may also like

Top 5 Cryptos to Buy in 2026 Q1: A ChatGPT Deep Dive Analysis

Explore the top 5 cryptos to buy in Q1 2026 including BTC, ETH, SOL, TAO, and ONDO. See price outlooks, key narratives, and institutional catalysts shaping the next market move.

How to Earn $15,000 with Idle USDT Before Altcoin Season 2026

Wondering if altcoin season is coming in 2026? Get the latest market update, and learn how to turn your idle stablecoins waiting for entry into extra rewards up to 15,000 USDT.

Can You Win Joker Returns Without Large Trading Volume? 5 Mistakes New Players Make In WEEX Joker Returns Season 2

Can small traders win WEEX Joker Returns 2026 without huge volume? Yes—if you avoid these 5 costly mistakes. Learn how to maximize card draws, use Jokers wisely, and turn small deposits into 15,000 USDT rewards.

Altcoin Season 2026: 4 Stages to Profit (Before the Crowd FOMO In)

Altcoin Season 2026 is starting — discover the 4 key stages of capital rotation (from ETH to PEPE) and how to position before the peak. Learn which tokens will lead each phase and avoid missing the rally.

Will Alt season come in 2026? 5 Tips to Spot the Next 100x Crypto Opportunities

Will altcoin season arrive in 2026? Discover 5 rotation stages, early signals smart traders watch, and the key crypto sectors where the next 100x altcoin opportunities may emerge.

 

The bear market has arrived, and cryptocurrency ETF issuers are also getting involved

Today's listing of MSBT is the latest landmark in this restructuring, with the influx of institutions accelerating the embrace of cryptocurrencies by traditional finance, but also diluting the liquidity of the native market.

Popular coins

Latest Crypto News

Read more