one-month low
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The number of active addresses of USDC reached a one-month low
On February 25, Glassnode data showed that the number of active addresses (MA on the 7th) of USDC was 2407.268, reaching a one-month low. Interpretation of this information: The message highlights a drop in the number of active addresses of USDC on February 25. According to Glassnode data, there were 2407.268 active addresses of USDC on the 7th day of the previous month, which was a one-month low. From this information, we can interpret that the usage of USDC in the market has decreased, indicating a reduction in demand or…
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The number of BTC receiving addresses reached a 1-month low
According to reports, Glassnode data showed that the number of BTC receiving addresses (MA on the 7th) was 31547.589, reaching a one-month low. Interpretation of this information: The recent reports from Glassnode data have shown that the number of BTC (Bitcoin) receiving addresses has reached its lowest point in a month. As of the 7th of March, BTC receiving addresses were at 31547.589. This could have significant implications for the cryptocurrency market, and we can interpret this in a few ways. Firstly, this information suggests that there may be a…