Nov 07, 2023 – Bitcoin Addresses and Wallets Analysis
Bitcoin Address Indicators show a stable trend in active addresses and variations in wallet quantities based on balance values. On November 7th, 2023, there were a total of 1,210,733,565 addresses, which remained unchanged compared to the previous days. This indicates a consistent number of users in the Bitcoin network. The active addresses, however, saw a slight increase of 2.43% on the same day, reaching 1,035,189. This suggests a positive engagement of Bitcoin users. Additionally, when analyzing addresses with different balance thresholds, we observed stable numbers with no significant variations over the three days, suggesting a steady distribution of Bitcoin wealth across different tiers of users. Based on these indicators, we can have a moderate level of confidence in the stability and continued interest of users in Bitcoin.
Bitcoin Indicators
| Date | Addresses | Variation | Indicator |
|---|---|---|---|
| 2023-11-07 14:00:00 | 1,210,733,565 | 0.00% | Total Addresses |
| 2023-11-07 14:00:00 | 1,035,189 | 2.43% | Bitcoin Active Addresses |
| 2023-11-07 14:00:00 | 540,508 | 0.00% | Addresses with over 0 |
| 2023-11-07 14:00:00 | 219,626 | 0.00% | Addresses with over 0.0000001 |
| 2023-11-07 14:00:00 | 2,724,355 | 0.00% | Addresses with over 0.000001 |
| 2023-11-07 14:00:00 | 9,310,471 | 0.00% | Addresses with over 0.00001 |
| 2023-11-07 14:00:00 | 12,164,369 | 0.00% | Addresses with over 0.0001 |
| 2023-11-07 14:00:00 | 11,375,887 | 0.00% | Addresses with over 0.001 |
| 2023-11-07 14:00:00 | 7,782,026 | 0.00% | Addresses with over 0.01 |
| 2023-11-07 14:00:00 | 3,475,837 | 0.00% | Addresses with over 0.1 |
| 2023-11-07 14:00:00 | 860,972 | 0.00% | Addresses with over 1 |
| 2023-11-07 14:00:00 | 139,966 | 0.00% | Addresses with over 10 |
| 2023-11-07 14:00:00 | 13,960 | 0.00% | Addresses with over 100 |
| 2023-11-07 14:00:00 | 1,914 | 0.00% | Addresses with over 1,000 |
| 2023-11-07 14:00:00 | 106 | 0.00% | Addresses with over 10,000 |
| 2023-11-07 14:00:00 | 4 | 0.00% | Addresses with over 100,000 |
Conclusion
In conclusion, Bitcoin Address Indicators show a consistent number of total addresses, indicating a stable user base in the Bitcoin network. This is supported by a slight increase in active addresses on November 7th, demonstrating positive user engagement. Furthermore, the distribution of wallet quantities across different balance thresholds remains steady, implying a balanced distribution of Bitcoin wealth among users. Based on these indicators, we have a moderate level of confidence in the stability and continued interest of users in Bitcoin. This information provides valuable insights into the current state 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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