🚨 Bitcoin Loses 109K Wallets As Retail is Giving Up! 😰 Bitcoin reached 59.99M non-empty wallets on October 16th, somehow just coming up shy of the round 60M number. Since then, that total has fallen by roughly 108.7K wallets as BTC’s price has now dropped back below $75K and smaller holders are becoming increasingly impatient. 🧹 A falling wallet count does not automatically mean Bitcoin’s utility is shrinking. During long declines, smaller traders often consolidate or empty wallets as fear grows. That type of retail capitulation has historically been a necessary ingredient before many major crypto recoveries. 🐂 This signal becomes more bullish if wallet losses continue while price stops falling. BTC holding roughly $74K to $75K while holder counts decline would show fear rising without another major price breakdown. Exchange supply is also down near 1.28M BTC, so a reclaim of $78K to $80K alongside continued retail capitulation would strengthen the case that sellers are becoming exhausted at the perfect time that savvy traders are accumulating. 🔗 Our Live BTC Exchange Supply and Total Holders Chart: https://app.santiment.net/charts/supply-on-exchanges-total-amount-of-holders-30917?utm_source=x&utm_medium=post&utm_campaign=btc_exchange_supply_total_holders_b_110926&aff=3