IntoTheBlock announced that the number of active Bitcoin (BTC) wallets dropped by 26% in June.

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IntoTheBlock’s post on Twitter stated that the number of active wallets is around 787,000 on average. In addition, it was shared that the number of active wallets has decreased by 26% in the last 7 days.

At the beginning of the spring season, there was a peak in the number of active wallets.

The Santiment agency added that the last time active Bitcoin wallets were this low was July 13, 2020.

At the time of writing, Bitcoin is trading at $ 34,960.