On July 18th, Cryptocurrency research institution Santiment reported that the number of Bitcoin wallet addresses holding BTC has been decreasing over the past month, but this may be good news for investors. It is reported that the number of addresses with a balance greater than zero has decreased by 672,510 in the past month. Santiment believes that traders may consider the historical high point in March as the highest level that can be reached in 2024, but there is usually a rebound after a sell-off. Despite the market's rebound to $65,000 this week, the number of holding addresses has not rebounded. When such a large-scale liquidation occurs, the possibility of sustained rebound becomes higher and higher.