Bitcoin Bottom or Bull Trap? 30,000 Wallets Exit as $72,500 Risk Grows

TLDR: Santiment counted 59.95 million non-empty Bitcoin addresses on October 26, down 30,000 since October 16. BTC touched $79,332 on Monday before trading near $80,000, with resistance marked at $82,000–$82,500. Ali Martinez flagged a four-hour channel breakdown, identifying $72,500 as a potential buying area for BTC. U.S. spot Bitcoin ETFs lost $635.6 million on October 22 and $137.9 million on October 23, Farside said. Bitcoin’s loss of 30,000 funded wallets has created a market paradox, as declining retail participation coincides with mounting warnings of another selloff.
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