👑 Jan 13, 2024 – Bitcoin Addresses and Wallets 2d

Bitcoin Wallets Analysis

The Bitcoin Address Indicators table provides valuable insights into the activity and balances of Bitcoin addresses. Based on the data, we can see that the total number of addresses has been increasing consistently over the past three days. On January 13th, there were 1,202,154,567 total addresses, with a variation of 0.02% compared to the previous day. This upward trend indicates a continued interest and adoption of Bitcoin wallets.

Zero balance addresses, which are wallets with no funds, also witnessed a similar trend, increasing slightly each day. On January 13th, there were 1,152,470,000 zero balance addresses, representing 0.02% growth from the previous day. These addresses could indicate dormant wallets or newly created ones yet to be funded.

Active addresses, defined by addresses with a positive balance in Bitcoin, experienced a slight decrease. On January 13th, there were 899,524 active addresses, showing a variation of -5.06% compared to the previous day. This decline could be attributed to a decrease in transactional activity or a shift in Bitcoin holdings from individual to institutional wallets.

Furthermore, the data also demonstrates the distribution of addresses based on different balance thresholds. The number of addresses with more than 0.0000001 BTC remained relatively stable, indicating a consistent user base actively holding small amounts of Bitcoin.

Overall, the analysis of the Bitcoin Address Indicators table suggests a growing interest in Bitcoin wallet adoption, with an increase in both total and zero balance addresses. However, the slight decline in active addresses warrants closer monitoring to identify any potential shifts in market dynamics or investor behavior.

Bitcoin Address Types

DateAddressesVariationIndicator
2024-01-13 14:00:001,202,154,5670.02%Total Addresses
2024-01-13 14:00:001,152,470,0000.02%Zero Balance Addresses
2024-01-13 14:00:00899,524-5.06%Bitcoin Active Addresses
2024-01-13 14:00:00540,5630.00%Addresses with over 0
2024-01-13 14:00:00219,3640.00%Addresses with over 0.0000001
2024-01-13 14:00:002,604,7090.03%Addresses with over 0.000001
2024-01-13 14:00:009,018,2100.03%Addresses with over 0.00001
2024-01-13 14:00:0012,809,0030.00%Addresses with over 0.0001
2024-01-13 14:00:0011,927,3540.00%Addresses with over 0.001
2024-01-13 14:00:008,029,412-0.08%Addresses with over 0.01
2024-01-13 14:00:003,520,794-0.04%Addresses with over 0.1
2024-01-13 14:00:00860,6510.06%Addresses with over 1
2024-01-13 14:00:00138,5840.01%Addresses with over 10
2024-01-13 14:00:0013,910-0.14%Addresses with over 100
2024-01-13 14:00:001,9080.31%Addresses with over 1,000
2024-01-13 14:00:001010.00%Addresses with over 10,000
2024-01-13 14:00:0040.00%Addresses with over 100,000

Conclusions About the Bitcoin Network

In conclusion, analyzing the Bitcoin Address Indicators table reveals key trends in wallet activity and balances. The increase in total addresses indicates a growing user base and adoption of Bitcoin as a digital asset. The consistent growth of zero balance addresses suggests the creation of new wallets or the accumulation of funds in existing wallets. However, the decline in active addresses may indicate a temporary slowdown in transactional activity. It is important to consider these indicators in conjunction with other market factors to gain a comprehensive understanding of Bitcoin’s health and potential future developments. Overall, there is moderate confidence in the analysis, as the data is based on recent records and provides a snapshot of the address landscape, but further data and market analysis would enhance the accuracy of the insights.

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.

About the Author: CryptoTrends Team

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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