👑 Feb 14, 2024 – Bitcoin Addresses and Wallets 2d

Bitcoin Wallets Analysis

Over the last 24 hours, the Bitcoin address indicators have shown interesting trends. The total number of addresses remained stable at 1,206,456,923, indicating no significant increase or decrease in wallet activity. However, when we analyze the active addresses specifically associated with Bitcoin, we notice a slight decrease of 5.30% from 947,893 to 900,213 addresses. This decline might suggest a temporary slowdown in Bitcoin user activity.

On the other hand, the number of addresses with balances over certain thresholds remains unchanged. We observe that there are 219,366 addresses with balances over 0.0000001 BTC, 2,623,072 addresses with balances over 0.000001 BTC, and 9,076,400 addresses with balances over 0.00001 BTC. These figures indicate minimal changes in the distribution of Bitcoin addresses across different balance tiers.

Based on these indicators, we can infer that while the number of active Bitcoin addresses has experienced a marginal decrease, the overall distribution of Bitcoin wallet holders across different balance levels has remained stable.

Bitcoin Address Types

DateAddressesVariationIndicator
2024-02-13 14:00:001,206,456,9230.00%Total Addresses
2024-02-13 14:00:00900,213-5.30%Bitcoin Active Addresses
2024-02-13 14:00:00540,5820.00%Addresses with over 0
2024-02-13 14:00:00219,3660.00%Addresses with over 0.0000001
2024-02-13 14:00:002,623,0720.00%Addresses with over 0.000001
2024-02-13 14:00:009,076,4000.00%Addresses with over 0.00001
2024-02-13 14:00:0012,748,6600.00%Addresses with over 0.0001
2024-02-13 14:00:0011,844,4720.00%Addresses with over 0.001
2024-02-13 14:00:007,964,5100.00%Addresses with over 0.01
2024-02-13 14:00:003,527,9380.00%Addresses with over 0.1
2024-02-13 14:00:00860,8990.00%Addresses with over 1
2024-02-13 14:00:00138,5140.00%Addresses with over 10
2024-02-13 14:00:0013,8530.00%Addresses with over 100
2024-02-13 14:00:001,9050.00%Addresses with over 1,000
2024-02-13 14:00:001070.00%Addresses with over 10,000
2024-02-13 14:00:0040.00%Addresses with over 100,000

Conclusions About the Bitcoin Network

In conclusion, the Bitcoin address indicators reflect a mixed picture of wallet activity changes. While there has been a slight decline in the number of active Bitcoin addresses, the overall number of addresses and the distribution across different balance levels have shown stability over the past 24 hours. This suggests that the recent market news and developments might have had a limited impact on the cryptocurrency’s user base. While these indicators provide valuable insights into the current state of Bitcoin wallets, it’s important to monitor additional data and market trends for a comprehensive analysis 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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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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