The number of empty wallets on the XRP and Ethereum networks has been growing, indicating an increasing user base. However, Bitcoin has seen a decline of 277,240 no-empty wallets in the past three weeks, suggesting smaller players dropping out of the market. Santiment, an analytics platform, sees this as a positive sign for long-term price performance, as whales and sharks tend to accumulate coins from smaller players, driving up market prices. Bitcoin is currently trading below $100,000 at $96,008, and Bitcoin ETFs have also underperformed with $251 million worth of outflows on Wednesday.
Content Editor ( u.today )
- 2025-02-13
XRP Outperforms Bitcoin in Key Metric
