Oh, the irony! Ethereum’s 167M wallets now dwarf Bitcoin’s 57M-how the mighty have fallen, or perhaps, how the foolish have been exposed. The digital age’s new colossus marches on, while leverage longs weep in the shadows of their own hubris. 🐍⚡
Ethereum, that relentless digital titan, has outpaced the old guard. The gap yawns wider, a chasm of adoption, as if the very blockchain itself whispers, “You were warned.”
The numbers are stark: three times the users, three times the chaos. Bitcoin, once the golden god, now clutches at straws, its 57M wallets a pale echo of Ethereum’s 167M. A tale as old as time-hubris and collapse. 🕳️💸
Leverage Traders Face Reckoning
As CW8900 notes, the liquidations are a grim ballet. ETH’s 3,050 target looms like a guillotine, and the shorts tremble. “A significant portion of high leverage longs have been liquidated,” they write, as if this were a mere footnote in the epic of human folly. 🧠💥
A significant portion of high leverage long positions in have been liquidated.
If rises to $3,050, large amount of short positions will be liquidated.
– CW (@CW8900)
Source: CW8900
The leverage flush is but a symptom of a deeper malaise-a market where greed and fear dance in a deadly waltz. Over-margin traders, like fools, have been cast into the fire. 🔥
Both directions are risky, yet the fools persist. Longs are gone, shorts still hang by a thread. A tragedy of errors, written in code and tears. 📉
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Network Adoption Gap Widens Dramatically
Santiment’s data reveals a dystopia of adoption. Ethereum, the digital overlord, boasts 167.96M wallets, while Bitcoin, the fading king, clings to 57.62M. Tether, Dogecoin, XRP-each a footnote in this saga. 🪙🪙
📊 Among top cap assets, here are the amount of non-empty wallets on each network currently:
🪙 Ethereum : 167.96M🪙 Bitcoin : 57.62M🪙 Tether : 9.63M🪙 Dogecoin : 8.13M🪙 XRP Ledger : 7.41M🪙 Cardano : 4.54M🪙 USD Coin : 4.39M🪙 ChainLink…
– Santiment (@santimentfeed)
Source: Santiment
Bitcoin’s 57.62M addresses are but a shadow of Ethereum’s 167.96M. A tale of two blockchains, one a beacon, the other a relic. 🕳️
Dogecoin’s 8.13M vs. XRP’s 7.41M-how quaint. Cardano and USD Coin, mere afterthoughts. Chainlink’s 819K? A footnote in the annals of digital history. 📚
The gap is a chasm, a testament to Ethereum’s relentless march. The numbers speak louder than any prophet’s cry. 🚀
The rise of Ethereum is not mere adoption-it’s a revolution, a redefinition of power. Bitcoin’s dominance? A myth, now unraveling. 🌍
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2025-12-19 21:21