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Bitcoinist

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Image Credit: Bitcoinist

Retail Flees Bitcoin, But XRP, Ethereum Continue To See Adoption

  • Retail investors are liquidating their Bitcoin wallets but buying into XRP and Ethereum.
  • The Total Amount of Holders for XRP and Ethereum has been increasing, indicating new investors joining the networks.
  • In contrast, the Total Amount of Holders for Bitcoin has seen a decline, suggesting investors are exiting the network.
  • A decline in retail belief in Bitcoin is historically seen as a positive sign for mid to long term price performance.

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