What Happened: Charles Edwards, the founder of Capriole Investments – a fund that takes long or short positions in Bitcoin (CRYPTO: BTC) based on autonomous algorithms – isn’t convinced that the digital asset’s address metrics are entirely bullish. I keep seeing posts on bullish Bitcoin address growth, but every address metric for Bitcoin looks awful. 1. Daily active addresses has halved. pic.twitter.com/81ToAZzJ0O “I keep seeing posts on bullish Bitcoin address growth, but every address metric for Bitcoin looks awful,” said Edwards on Twitter. Edwards pointed to the current number of addresses holding over 1000 bitcoins as another concerning indicator. According to him, the whales that sold their Bitcoin holdings at the market top have still not resumed buying back into the leading digital asset.