Bitcoin Wallets Analysis
Bitcoin Address Indicators based on the provided dataset suggest stable activity in the wallet addresses. The total addresses remained consistent at 1,250,107,865 over the last three days. The Bitcoin Active Addresses witnessed a slight increase from 577,237 to 609,678 in the same period, indicating a growing usage of Bitcoin. The addresses with balance above 0 showed no change at 540,583, while the ones with balance above 0.0000001 remained steady at 219,366. Moreover, the addresses with higher balance thresholds like 0.000001, 0.00001, 0.0001, 0.001, and 0.01 registered no change, suggesting no significant movement in larger Bitcoin holdings. The addresses with higher ranges (above 1, 10, 100, 1,000, 10,000, and 100,000) also reported no fluctuations, indicating a stable distribution of Bitcoin ownership among different wallet sizes. These indicators can be inferred to signify a consistent and maturing Bitcoin ecosystem, with widespread adoption and minimal speculative activity.
Bitcoin Address Types
| Date | Addresses | Variation | Indicator |
|---|---|---|---|
| 2024-04-23 14:00:00 | 1,250,107,865 | 0.00% | Total Addresses |
| 2024-04-23 14:00:00 | 609,678 | 5.32% | Bitcoin Active Addresses |
| 2024-04-23 14:00:00 | 540,583 | 0.00% | Addresses with over 0 |
| 2024-04-23 14:00:00 | 219,366 | 0.00% | Addresses with over 0.0000001 |
| 2024-04-23 14:00:00 | 2,893,817 | 0.00% | Addresses with over 0.000001 |
| 2024-04-23 14:00:00 | 9,715,701 | 0.00% | Addresses with over 0.00001 |
| 2024-04-23 14:00:00 | 13,299,837 | 0.00% | Addresses with over 0.0001 |
| 2024-04-23 14:00:00 | 12,072,465 | 0.00% | Addresses with over 0.001 |
| 2024-04-23 14:00:00 | 8,057,127 | 0.00% | Addresses with over 0.01 |
| 2024-04-23 14:00:00 | 3,552,036 | 0.00% | Addresses with over 0.1 |
| 2024-04-23 14:00:00 | 865,229 | 0.00% | Addresses with over 1 |
| 2024-04-23 14:00:00 | 138,909 | 0.00% | Addresses with over 10 |
| 2024-04-23 14:00:00 | 13,882 | 0.00% | Addresses with over 100 |
| 2024-04-23 14:00:00 | 1,909 | 0.00% | Addresses with over 1,000 |
| 2024-04-23 14:00:00 | 107 | 0.00% | Addresses with over 10,000 |
| 2024-04-23 14:00:00 | 4 | 0.00% | Addresses with over 100,000 |
Conclusions About the Bitcoin Network
Based on the Bitcoin Address Indicators, it can be concluded that the Bitcoin network has witnessed steady activity levels. The total number of addresses remained constant, while the Bitcoin Active Addresses saw a slight increase, indicating growing participation. Additionally, all address indicators above certain balance thresholds exhibited stability without any significant changes, implying a balanced distribution of Bitcoin ownership. These findings provide evidence for a healthy and mature Bitcoin ecosystem with widespread adoption. However, it is essential to consider these indicators in conjunction with other market factors for a comprehensive analysis of the cryptocurrency 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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