Bitcoin Wallets Analysis
Bitcoin Address Indicators show the active addresses of wallets and the quantities of wallet addresses based on balance values. On April 27th, 2024, the total number of addresses was 1,250,107,865, indicating no change from the previous day. Similarly, the number of active Bitcoin addresses was 940,789, reflecting an 11.55% increase from the day before. This surge in active addresses suggests growing interest and usage of Bitcoin. Additionally, the data indicates that there are 540,583 addresses with a balance over 0, and this count remained consistent. The number of addresses with over 0.0000001 and 0.000001 balances also remained unchanged at 219,366 and 2,893,817, respectively. These figures demonstrate a stable distribution of addresses across different balance levels. Finally, the data shows a substantial number of addresses with balances exceeding 0.001, 0.01, and even higher thresholds, further underscoring the overall health and interest in the Bitcoin network.
Bitcoin Address Types
| Date | Addresses | Variation | Indicator |
|---|---|---|---|
| 2024-04-27 14:00:00 | 1,250,107,865 | 0.00% | Total Addresses |
| 2024-04-27 14:00:00 | 940,789 | 11.55% | Bitcoin Active Addresses |
| 2024-04-27 14:00:00 | 540,583 | 0.00% | Addresses with over 0 |
| 2024-04-27 14:00:00 | 219,366 | 0.00% | Addresses with over 0.0000001 |
| 2024-04-27 14:00:00 | 2,893,817 | 0.00% | Addresses with over 0.000001 |
| 2024-04-27 14:00:00 | 9,715,701 | 0.00% | Addresses with over 0.00001 |
| 2024-04-27 14:00:00 | 13,299,837 | 0.00% | Addresses with over 0.0001 |
| 2024-04-27 14:00:00 | 12,072,465 | 0.00% | Addresses with over 0.001 |
| 2024-04-27 14:00:00 | 8,057,127 | 0.00% | Addresses with over 0.01 |
| 2024-04-27 14:00:00 | 3,552,036 | 0.00% | Addresses with over 0.1 |
| 2024-04-27 14:00:00 | 865,229 | 0.00% | Addresses with over 1 |
| 2024-04-27 14:00:00 | 138,909 | 0.00% | Addresses with over 10 |
| 2024-04-27 14:00:00 | 13,882 | 0.00% | Addresses with over 100 |
| 2024-04-27 14:00:00 | 1,909 | 0.00% | Addresses with over 1,000 |
| 2024-04-27 14:00:00 | 107 | 0.00% | Addresses with over 10,000 |
| 2024-04-27 14:00:00 | 4 | 0.00% | Addresses with over 100,000 |
Conclusions About the Bitcoin Network
Based on the Bitcoin Address Indicators, the data reveals positive signs for the Bitcoin network. The stability and consistency in the number of active addresses, combined with the increasing count of addresses with higher balances, indicate growing adoption and use. The stability of addresses across various balance thresholds implies a balanced distribution and lower concentration of wealth. Considering the recent reference date of April 27th, 2024, the addressed indicators provide credible insights into the Bitcoin network’s activity. However, it’s crucial to monitor future updates to assess the network’s continued growth and any shifts in address distribution patterns.
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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