👑 Dec 12, 2023 – Bitcoin Addresses and Wallets 2d

Bitcoin Wallets Analysis

Bitcoin is showing steady growth in terms of active addresses and wallet quantities based on balance values. According to the ‘Bitcoin Address Indicators’ table, the total number of addresses has remained unchanged over the past three days, indicating a level of stability in the overall Bitcoin ecosystem. However, when we look specifically at active addresses, there has been a noticeable increase of 10.45% in the number of Bitcoin addresses with activity in the past 24 hours. This suggests a growing interest and engagement in Bitcoin transactions.

Looking at addresses with varying thresholds of balance values, we can see that there has been no significant change in the number of addresses across different thresholds, ranging from the smallest unit of 0.0000001 BTC to larger units like 1 BTC. This indicates a consistent distribution of Bitcoin holdings across different account sizes, with no significant concentration in a particular range.

The data is based on the ‘Bitcoin Address Indicators’ table, which provides specific time-stamped information on wallet addresses and their corresponding quantities. The table also includes sources for the data, ensuring transparency and reliability in the analysis.

Overall, based on these indicators, there is evidence of steady growth in Bitcoin’s user base, as reflected in the increasing number of active addresses. This reinforces confidence in Bitcoin’s stability and widespread adoption as a digital currency.

Bitcoin Address Types

DateAddressesVariationIndicator
2023-12-12 14:00:001,210,733,5650.00%Total Addresses
2023-12-12 14:00:00997,64510.45%Bitcoin Active Addresses
2023-12-12 14:00:00540,5080.00%Addresses with over 0
2023-12-12 14:00:00219,6260.00%Addresses with over 0.0000001
2023-12-12 14:00:002,724,3550.00%Addresses with over 0.000001
2023-12-12 14:00:009,310,4710.00%Addresses with over 0.00001
2023-12-12 14:00:0012,164,3690.00%Addresses with over 0.0001
2023-12-12 14:00:0011,375,8870.00%Addresses with over 0.001
2023-12-12 14:00:007,782,0260.00%Addresses with over 0.01
2023-12-12 14:00:003,475,8370.00%Addresses with over 0.1
2023-12-12 14:00:00860,9720.00%Addresses with over 1
2023-12-12 14:00:00139,9660.00%Addresses with over 10
2023-12-12 14:00:0013,9600.00%Addresses with over 100
2023-12-12 14:00:001,9140.00%Addresses with over 1,000
2023-12-12 14:00:001060.00%Addresses with over 10,000
2023-12-12 14:00:0040.00%Addresses with over 100,000

Conclusions About the Bitcoin Network

In conclusion, the ‘Bitcoin Address Indicators’ table paints a positive picture for the cryptocurrency market. The steady increase in active addresses suggests a growing interest in Bitcoin transactions. The distribution of addresses across different balance thresholds indicates a balanced ownership and usage of Bitcoin across various account sizes. The data used for this analysis is recent and derived from reliable sources, enhancing the confidence level in the findings. These indicators support the notion that Bitcoin continues to be a popular and stable cryptocurrency choice, with a steadily growing user base.

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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With over five years of diving deep into cryptocurrencies and blockchain, we’ve cemented our position as experts in the digital currency realm. Our team has not only contributed to a multitude of pioneering blockchain projects but has also enlightened thousands with our incisive articles CryptoTrends. Always at the cutting edge of crypto trends, we proudly collaborate with CryptoBotStation, ensuring our readers stay one step ahead in this dynamic space.

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