Bitcoin looks busy but 31% of its users vanished as ETFs bleed $4.5B in 2026
Bitcoin’s community exercise has been weakening for six straight months, but the decline isn’t displaying up in the headline metric many merchants watch first. The clearer sign isn’t transaction quantity, which has held up, but participation breadth. Fewer distinctive addresses are energetic on the chain, even as the community continues to course of an analogous…
