The on-chain activity of Bitcoin has recently seen a significant increase, with active Bitcoin addresses surpassing the 912,300 mark at the end of February. This level of activity has not been seen since December 2024, indicating a potential inflection point in the market. This increase in active addresses suggests growing investor engagement and a likely shift in overall investor sentiment. The rise in active addresses often precedes noteworthy price movements, and historical trends suggest that this spike in activity could indicate approaching volatility. However, it could also trigger profit-taking and result in temporary corrections. Overall, this increase in activity signifies growing network usage and demand in the Bitcoin market.



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