Nov 10, 2023 – Bitcoin Addresses and Wallets Analysis
Bitcoin Address Indicators show interesting patterns in the cryptocurrency market. According to recent data, the number of total addresses remains stable at 1,210,733,565 for the past three days. This makes it apparent that there has been no significant change in the overall wallet activity.
However, when looking at active addresses specifically, there is a noticeable fluctuation. On November 10th, the number of Bitcoin active addresses increased by 15.22% to reach 1,088,552. This suggests a surge in user engagement within the Bitcoin network in a short period of time.
Moreover, the data also reveals that there is a stable distribution of addresses with different balances. The counts of addresses with balances over different thresholds, from 0.0000001 to 100,000, stayed unchanged during the examined period.
These indicators suggest that while the overall number of Bitcoin addresses remains steady, there are dynamic changes in the level of user activity within the network. The surge in active addresses indicates a potential increase in transaction volume and user participation, pointing to a positive sentiment in the market. Confidence in this analysis arises from the reliable and up-to-date data presented in the Bitcoin Address Indicators table.
Bitcoin Indicators
| Date | Addresses | Variation | Indicator |
|---|---|---|---|
| 2023-11-10 14:00:00 | 1,210,733,565 | 0.00% | Total Addresses |
| 2023-11-10 14:00:00 | 1,088,552 | 15.22% | Bitcoin Active Addresses |
| 2023-11-10 14:00:00 | 540,508 | 0.00% | Addresses with over 0 |
| 2023-11-10 14:00:00 | 219,626 | 0.00% | Addresses with over 0.0000001 |
| 2023-11-10 14:00:00 | 2,724,355 | 0.00% | Addresses with over 0.000001 |
| 2023-11-10 14:00:00 | 9,310,471 | 0.00% | Addresses with over 0.00001 |
| 2023-11-10 14:00:00 | 12,164,369 | 0.00% | Addresses with over 0.0001 |
| 2023-11-10 14:00:00 | 11,375,887 | 0.00% | Addresses with over 0.001 |
| 2023-11-10 14:00:00 | 7,782,026 | 0.00% | Addresses with over 0.01 |
| 2023-11-10 14:00:00 | 3,475,837 | 0.00% | Addresses with over 0.1 |
| 2023-11-10 14:00:00 | 860,972 | 0.00% | Addresses with over 1 |
| 2023-11-10 14:00:00 | 139,966 | 0.00% | Addresses with over 10 |
| 2023-11-10 14:00:00 | 13,960 | 0.00% | Addresses with over 100 |
| 2023-11-10 14:00:00 | 1,914 | 0.00% | Addresses with over 1,000 |
| 2023-11-10 14:00:00 | 106 | 0.00% | Addresses with over 10,000 |
| 2023-11-10 14:00:00 | 4 | 0.00% | Addresses with over 100,000 |
Conclusion
In conclusion, the Bitcoin Address Indicators provide valuable insights into the current state of the cryptocurrency market. The stable number of addresses and the notable increase in active addresses indicate a healthy level of user engagement and potential market growth. It is important to monitor these indicators over time to better understand the trends and dynamics of the Bitcoin network. By analyzing reliable data and considering market sentiments, we can gain a deeper understanding of the cryptocurrency ecosystem and make more informed investment decisions.
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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