Onyxcoin (XCN) Price Tumbles as Active Addresses Drop and Short Bets Surge

Onyxcoin (XCN) has maintained its downward trajectory, plummeting by 10% over the past week as bearish sentiment grips the market.  With more traders turning away from the altcoin, its active address count has seen a sharp fall, signaling a loss of interest in the asset and low network participation. XCN Struggles as Short Sellers Take Control Since early March, Santiment’s data has revealed an aggressive fall in XCN’s daily active address count.  According to the on-chain data provider, on March 3, 2,673 unique addresses completed at least one transaction involving XCN source: https://beincrypto.com/xcn-traders-reduce-trading-activity/