Nov 17, 2023 – Bitcoin Addresses and Wallets Analysis
Bitcoin is showing stable indicators in terms of active addresses and wallet quantities based on balance values. According to the ‘Bitcoin Address Indicators’ table, the total number of addresses remained the same between November 16th and November 17th, with 1,210,733,565 addresses. This indicates that there was no significant increase or decrease in overall address activity during this period.
On the other hand, Bitcoin’s active addresses experienced a slight increase from 906,654 on November 16th to 951,360 on November 17th. This 4.7% increase suggests that there was a moderate rise in the number of addresses regularly engaging in transactions within the Bitcoin network.
When looking at addresses with different balance thresholds, there were no notable changes. The number of addresses with balances above 0.0000001 BTC, 0.000001 BTC, 0.00001 BTC, 0.0001 BTC, 0.001 BTC, 0.01 BTC, 0.1 BTC, 1 BTC, 10 BTC, and 100 BTC remained the same with consistent indicators of 219,626, 2,724,355, 9,310,471, 12,164,369, 11,375,887, 7,782,026, 3,475,837, 860,972, 139,966, and 13,960 respectively.
The stability observed across these various indicators suggests a consistent level of engagement from Bitcoin users across different balance thresholds. Overall, this data indicates a steady state without any significant shifts in activity or user behavior within the Bitcoin ecosystem.
Bitcoin Indicators
| Date | Addresses | Variation | Indicator |
|---|---|---|---|
| 2023-11-17 14:00:00 | 1,210,733,565 | 0.00% | Total Addresses |
| 2023-11-17 14:00:00 | 951,360 | 4.70% | Bitcoin Active Addresses |
| 2023-11-17 14:00:00 | 540,508 | 0.00% | Addresses with over 0 |
| 2023-11-17 14:00:00 | 219,626 | 0.00% | Addresses with over 0.0000001 |
| 2023-11-17 14:00:00 | 2,724,355 | 0.00% | Addresses with over 0.000001 |
| 2023-11-17 14:00:00 | 9,310,471 | 0.00% | Addresses with over 0.00001 |
| 2023-11-17 14:00:00 | 12,164,369 | 0.00% | Addresses with over 0.0001 |
| 2023-11-17 14:00:00 | 11,375,887 | 0.00% | Addresses with over 0.001 |
| 2023-11-17 14:00:00 | 7,782,026 | 0.00% | Addresses with over 0.01 |
| 2023-11-17 14:00:00 | 3,475,837 | 0.00% | Addresses with over 0.1 |
| 2023-11-17 14:00:00 | 860,972 | 0.00% | Addresses with over 1 |
| 2023-11-17 14:00:00 | 139,966 | 0.00% | Addresses with over 10 |
| 2023-11-17 14:00:00 | 13,960 | 0.00% | Addresses with over 100 |
| 2023-11-17 14:00:00 | 1,914 | 0.00% | Addresses with over 1,000 |
| 2023-11-17 14:00:00 | 106 | 0.00% | Addresses with over 10,000 |
| 2023-11-17 14:00:00 | 4 | 0.00% | Addresses with over 100,000 |
Conclusion
Based on the analysis of the Bitcoin Address Indicators table, Bitcoin is currently experiencing stability in terms of active addresses and wallet quantities. The total number of addresses remained unchanged, while the number of active addresses saw a moderate increase. Additionally, there were no notable changes observed in the number of addresses with various balance thresholds. This stability indicates a consistent level of engagement and user behavior within the Bitcoin network. However, it is important to note that these observations are based on the provided dataset and may not be representative of the entire Bitcoin ecosystem. Additional data and analysis would be necessary to gain a more comprehensive understanding of the current state of Bitcoin’s address indicators.
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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