In an impressive development, the number of Dogecoin (DOGE) wallets with funds exceeded 5 million for the first time.

인상적인 발전으로 자금이 담긴 도지코인(DOGE) 지갑 수가 처음으로 500만 개를 넘어섰습니다.

On the other hand, the rate of increase in the number of wallets holding balance in Bitcoin (BTC), the world's largest cryptocurrency, decreased. According to analysts at cryptocurrency analysis company Santiment, the slowdown in this data means that big whales are selling profits after buying transactions in BTC.

However, Santiment analysts interestingly pointed out that the number of Cardano (ADA) wallets containing coins has decreased. According to analysts, the decline in this data means capitulation and usually occurs just before the jumps in price.

#Bitcoin traders are profit taking, as growth in existing wallets with more than 0 $BTC has slowed. Meanwhile, #Dogecoin wallets are surging and #Cardano wallets are dropping in number. Drops are a sign of capitulation, often foreshadowing price jumps. https://t.co/YXdnA9vo4I pic.twitter.com/jF5VaWEL9n

#비트코인 거래자들은 0달러 이상의 BTC를 보유한 기존 지갑의 성장이 둔화되면서 이익을 취하고 있습니다. 한편, #Dogecoin 지갑은 급증하고 #Cardano 지갑은 감소하고 있습니다. 하락은 항복의 신호이며 종종 가격 급등을 예고합니다. https://t.co/YXdnA9vo4I pic.twitter.com/jF5VaWEL9n

— Santiment (@santimentfeed) November 27, 2023

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The number of Bitcoin wallets with balance in them increased by 0.25% to 50.91 million in the last four days, and the number of Dogecoin wallets increased by 2.52% to 5.39 million, which is considered a large increase. On the other hand, the number of Cardano wallets decreased by 0.59% to 4.46 million in the last ten days.

지난 4일 동안 잔고가 들어 있는 비트코인 ​​지갑 수는 5091만 개로 0.25% 증가했고, 도지코인 지갑 수는 539만 개로 2.52% 증가해 큰 증가세를 보였다. 반면 카르다노 지갑 수는 지난 10일 동안 446만개로 0.59% 감소했다.

Santiment analysts also argued that between August 19 and October 16, 3.54% of the total supply of Tether (USDT) and 0.72% of the total supply of USDC were transferred to central exchanges and that these transfers were actually a preparation for the last rally.

*This is not investment advice.

Continue Reading: Santiment Analysts Announced: “This Development in Cardano (ADA) Usually Precedes Price Spikes”

계속 읽기: Santiment 분석가 발표: "Cardano(ADA)의 이러한 개발은 일반적으로 가격 급등보다 앞서 있습니다."