2026-01-18 20:34:23

Interesting on-chain phenomenon: recent data shows that newly created wallet addresses account for as much as 93%. What does this reflect? Is the market experiencing a large influx of new users, or is the activity level of existing addresses changing? For exchanges and DEX ecosystems, this number is worth pondering—what does the influx of a large number of new addresses mean? There may be various interpretations😏

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MetaMaximalist

· 6h ago

93% fresh wallets? lmao that's either genuine mainstream adoption finally happening or just noise from sybil farming. ngl the real question nobody's asking is whether these addresses have any actual protocol sustainability behind them or if it's just liquidity theater...

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MidsommarWallet

· 6h ago

93% new wallets? Something's not right. How many bots must be farming for profits?

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Fren_Not_Food

· 6h ago

93% new wallets? Is it a washout or truly new retail investors, no one can say for sure --- Regarding the massive influx of new addresses, exchanges probably have been laughing their heads off for a long time --- Are these numbers real? It seems more likely that zombie addresses are coming back to life --- In my opinion, it's most likely institutions setting up new accounts, waiting to harvest retail investors --- Are there really that many new users? Why is the market still so miserable --- What does 93% indicate? Maybe it's just switching wallets and starting to trade coins again --- Ridiculous, how many of these new addresses actually have funds?

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ColdWalletAnxiety