$BTC ๐ฝ๐๐ฉ๐๐ค๐๐ฃ ๐ผ๐๐ฉ๐๐ซ๐ ๐ผ๐๐๐ง๐๐จ๐จ๐๐จ ๐๐๐ซ๐ ๐๐๐ก๐ก๐๐ฃ ๐๐ฎ ๐๐ค๐ง๐ ๐๐๐๐ฃ 30%
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Bitcoin is not only losing price strength, it is also losing activity across its network.
Active addresses measure how many unique addresses participate in Bitcoin by sending or receiving BTC. They do not exactly represent individual users, but they remain one of the best metrics for evaluating network usage, interaction, and economic traction.
According to the attached chart, the decline became evident on August 8, 2025, when Bitcoin recorded 938,609 active addresses. By March 25, 2026, that figure had dropped to 655,908, representing a 30.12% contraction
Bitcoin remains a solid network, but it is currently operating with less economic intensity than it was in August 2025. To validate a convincing structural recovery, it will not be enough to see price move higher; network activity will also need to return.
ยฉ Carmelo Alemรกn via CryptoQuant