Bitcoin saw a decline of about 108,700 nonempty addresses from mid-October to early November, alongside a price drop below $73,000, outside the stability range suggested by Santiment. This decline in addresses may indicate retail investor strain but does not necessarily mean a reduction in Bitcoin's utility, as holders can consolidate or empty addresses without selling. Despite outflows from U.S. spot Bitcoin funds totaling $2.13 billion in early November, daily active addresses and transfer volumes showed slight increases. These mixed signals mean it is still unclear whether Bitcoin's price has found a bottom.
Bitcoin price movements provide context for readers following cryptocurrency trends. For readers following cryptocurrency, here is Pluang's market snapshot as of Nov 11, 2026 16:21 WIB: Among 50 major cryptocurrencies tradable on Pluang, 8 rose and 41 fell today. Notable movers include GRT at Rp318 with a 1-day change of -3.38% and 100% sell order activity, THETA at Rp2.492 with -3.22% change and 100% buy order activity, and NEO at Rp32.273 with -3.10% change and 84% buy order activity.
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