Data: The number of Telegram cryptocurrency channel members has decreased significantly in the past 6 months

According to Bitcoinist, data shared by cryptocurrency trader Aztek shows that from the altcoin discussion room to the transaction chat room, the number of members of the Telegram channel centered on cryptocurrencies has been significantly reduced. From June 2018 to 2020, from the encryption group of Decred, CryptoAlerts, WhaleClub and Litecoin, the loss of members climbed from 25% to 75%. A considerable portion of the loss occurred in the past six months from November 2019 to April 2020. This shows that as the price of Bitcoin has fallen in the past few months, investors have temporarily left the market.