Oct 30, 2023 – Bitcoin Addresses and Wallets Analysis
The Bitcoin Address Indicators table provides valuable insights into the activity and distribution of Bitcoin wallet addresses. Let’s examine the key indicators and their variations.
Total Addresses: As of the most recent update on October 30, 2023, the total number of Bitcoin addresses stood at 1,208,309,419. The variation, with a minimal increase of 0.04%, suggests a relatively stable growth in the total number of Bitcoin addresses. This indicates a continuous interest and adoption of Bitcoin wallets.
Zero Balance Addresses: The number of Bitcoin addresses with zero balances also experienced a similar trend. It reached 1,159,950,744 on October 30, 2023, up by 0.04%. This indicates sustained activity in creating and using Bitcoin addresses.
Bitcoin Active Addresses: The number of active Bitcoin addresses is an essential metric to gauge network utilization. On October 30, 2023, there were 953,959 active Bitcoin addresses. Although there was a significant drop of 22.44% on October 29, the number climbed again by 5.05% on October 30. It is worth monitoring this indicator closely to understand the behavior of Bitcoin users.
Addresses with Balance Threshold: The table provides data on Bitcoin addresses based on their balance thresholds. The analysis reveals that a significant majority of addresses, around 540,000, have non-zero balances, showing sustained interest in Bitcoin transactions. Additionally, the number gradually decreases as the balance threshold increases, indicating the concentration of larger holdings among a relatively smaller number of addresses.
Based on the data presented, the Bitcoin network shows resilience and sustained activity. The growth in total addresses and the relatively stable distribution across the different indicators support the confidence that Bitcoin continues to be widely adopted as a digital asset and means of exchange.
Bitcoin Indicators
| Date | Addresses | Variation | Indicator |
|---|---|---|---|
| 2023-10-30 14:00:00 | 1,208,309,419 | 0.04% | Total Addresses |
| 2023-10-30 14:00:00 | 1,159,950,744 | 0.04% | Zero Balance Addresses |
| 2023-10-30 14:00:00 | 953,959 | 5.05% | Bitcoin Active Addresses |
| 2023-10-30 14:00:00 | 540,491 | 0.00% | Addresses with over 0 |
| 2023-10-30 14:00:00 | 219,625 | 0.00% | Addresses with over 0.0000001 |
| 2023-10-30 14:00:00 | 2,691,580 | 0.10% | Addresses with over 0.000001 |
| 2023-10-30 14:00:00 | 9,260,659 | 0.00% | Addresses with over 0.00001 |
| 2023-10-30 14:00:00 | 12,080,587 | 0.08% | Addresses with over 0.0001 |
| 2023-10-30 14:00:00 | 11,285,878 | 0.12% | Addresses with over 0.001 |
| 2023-10-30 14:00:00 | 7,791,068 | -0.02% | Addresses with over 0.01 |
| 2023-10-30 14:00:00 | 3,472,265 | 0.04% | Addresses with over 0.1 |
| 2023-10-30 14:00:00 | 860,593 | 0.00% | Addresses with over 1 |
| 2023-10-30 14:00:00 | 139,946 | 0.08% | Addresses with over 10 |
| 2023-10-30 14:00:00 | 13,963 | 0.02% | Addresses with over 100 |
| 2023-10-30 14:00:00 | 1,907 | -0.05% | Addresses with over 1,000 |
| 2023-10-30 14:00:00 | 109 | 0.92% | Addresses with over 10,000 |
| 2023-10-30 14:00:00 | 4 | 0.00% | Addresses with over 100,000 |
Conclusion
Examining the Bitcoin Address Indicators table gives us valuable insights into the growth and activity of Bitcoin wallets. The data show that the total number of addresses and the number of active addresses have remained steady, indicating continued interest in the Bitcoin network. Additionally, the number of addresses with non-zero balances appears to be concentrating among a smaller group, which suggests a higher concentration of Bitcoin holdings in select addresses. Overall, the Bitcoin network demonstrates stability and an ongoing interest in this digital asset. The data provided in the table allows us to assess the health and adoption of Bitcoin, making it a useful tool for market analysis and decision-making.
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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