On-chain data shows that roughly 108,700 funded Bitcoin (BTC) wallets have dropped to a zero balance since October 16, a stretch during which the Bitcoin price slid below $75,000.

According to the data, wallets holding any BTC balance had climbed to 59.99 million on October 16 — coming close to the 60 million mark — before the recent drawdown reduced the total by approximately 108,700. That reduction amounts to roughly 0.18% of the October 16 total, leaving the funded wallet count near 59.88 million, still close to the threshold the network had been approaching.

The figure tracks funded wallets, defined as blockchain addresses holding a positive Bitcoin balance. Santiment, an on-chain market intelligence platform that monitors blockchain network data, counts these non-empty addresses as a measure of how many distinct participants hold the asset. Changes in the total can reflect new addresses receiving Bitcoin for the first time as well as previously funded addresses falling back to zero, making the metric a two-way gauge of participation rather than a one-directional count.

Bitcoin, the largest cryptocurrency by market capitalization, fell below $75,000 over the same window in which the wallet count declined. The dataset places the October 16 reading of 59.99 million funded wallets near the 60 million threshold, a level the network had been approaching as the number of addresses holding a balance climbed.

Because Santiment tracks this figure through its on-chain monitoring, subsequent movement in either direction — a renewed climb toward the 60 million mark or a further decline in funded addresses — can be observed in the same dataset.

The figures come from Santiment's on-chain tracking and were reported by COINOTAG on November 10, 2026.

This content was first published on COINOTAG: https://en.coinotag.com/bitcoin-btc-wallets-fall-108700-santiment