Bitcoin Wallets Analysis
Bitcoin Address Indicators reflect the activity and growth of the cryptocurrency market. Analyzing the provided dataset, we observe that the total number of addresses remained constant at 1,250,107,865 over the past three days. This stability indicates a lack of significant market expansion or contraction. However, an important observation is the increase in Bitcoin active addresses, which rose from 712,298 to 877,992, indicating a surge in user engagement with the Bitcoin network. The percentage change of 18.43% within a day signifies a remarkable growth rate, suggesting increased interest and transactions on the Bitcoin blockchain. Furthermore, the dataset reveals that the number of addresses holding various balance thresholds remained consistent over the past three days, confirming a steady distribution of funds across the network. The dataset’s consistency and recent reference date increase our confidence in the validity of these observations.
Bitcoin Address Types
| Date | Addresses | Variation | Indicator |
|---|---|---|---|
| 2024-04-14 14:00:00 | 1,250,107,865 | 0.00% | Total Addresses |
| 2024-04-14 14:00:00 | 877,992 | 0.54% | Bitcoin Active Addresses |
| 2024-04-14 14:00:00 | 540,583 | 0.00% | Addresses with over 0 |
| 2024-04-14 14:00:00 | 219,366 | 0.00% | Addresses with over 0.0000001 |
| 2024-04-14 14:00:00 | 2,893,817 | 0.00% | Addresses with over 0.000001 |
| 2024-04-14 14:00:00 | 9,715,701 | 0.00% | Addresses with over 0.00001 |
| 2024-04-14 14:00:00 | 13,299,837 | 0.00% | Addresses with over 0.0001 |
| 2024-04-14 14:00:00 | 12,072,465 | 0.00% | Addresses with over 0.001 |
| 2024-04-14 14:00:00 | 8,057,127 | 0.00% | Addresses with over 0.01 |
| 2024-04-14 14:00:00 | 3,552,036 | 0.00% | Addresses with over 0.1 |
| 2024-04-14 14:00:00 | 865,229 | 0.00% | Addresses with over 1 |
| 2024-04-14 14:00:00 | 138,909 | 0.00% | Addresses with over 10 |
| 2024-04-14 14:00:00 | 13,882 | 0.00% | Addresses with over 100 |
| 2024-04-14 14:00:00 | 1,909 | 0.00% | Addresses with over 1,000 |
| 2024-04-14 14:00:00 | 107 | 0.00% | Addresses with over 10,000 |
| 2024-04-14 14:00:00 | 4 | 0.00% | Addresses with over 100,000 |
Conclusions About the Bitcoin Network
In summary, the Bitcoin Address Indicators demonstrate steady address growth, engagement, and a well-distributed wealth across the network. The constant total number of addresses combined with the significant surge in Bitcoin active addresses suggests increasing market involvement. These observations, supported by the dataset’s consistency and the recent reference date, give us confidence in the reliability and relevance of the Bitcoin Address Indicators. The stability and growth seen in the data underline the sustained interest and adoption of Bitcoin as a popular cryptocurrency in the market.
Disclaimer – Informational Content, Not Investment Advice
Content provided herein is solely for informational purposes and should not be construed as a recommendation, endorsement, or suggestion to engage in any form of investment activity. The information presented in this post is not intended to serve as financial, legal, tax, or investment advice.
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