Bitcoin Lost 30,000 Wallets: Could This Be Good News For BTC? Non-empty bitcoin wallets have fallen by 30,000 since October 16, indicating a potential capitulation among smaller holders, which could create conditions for a recovery. The price must hold above $80,000 and claim around $82,500 to confirm a local bottom, while a drop below $79,000 will weaken this outlook. Institutional demand remains volatile with significant net outflows in October, although some corporations such as Hashid and Smarter Network continue to accumulate Bitcoin.