Bitcoin Wallets Analysis
The latest data on Bitcoin address indicators reveals interesting trends in the cryptocurrency market. According to the provided ‘Bitcoin Address Indicators’ table, there has been a consistent increase in the total number of addresses over the past three days. On 2024-01-17, the total number of addresses reached 1,203,045,903, showing a slight increase of 0.02% compared to the previous day. This growth is supported by the evidence that on 2024-01-16, the total number of addresses was 1,202,805,972, and on 2024-01-15, it was 1,202,572,680, with similar variations of 0.02% and 0.00% respectively.
Bitcoin Address Types
| Date | Addresses | Variation | Indicator |
|---|---|---|---|
| 2024-01-17 14:00:00 | 1,203,045,903 | 0.02% | Total Addresses |
| 2024-01-17 14:00:00 | 1,153,212,540 | 0.02% | Zero Balance Addresses |
| 2024-01-17 14:00:00 | 734,631 | -12.44% | Bitcoin Active Addresses |
| 2024-01-17 14:00:00 | 540,567 | 0.00% | Addresses with over 0 |
| 2024-01-17 14:00:00 | 219,364 | 0.00% | Addresses with over 0.0000001 |
| 2024-01-17 14:00:00 | 2,606,779 | 0.03% | Addresses with over 0.000001 |
| 2024-01-17 14:00:00 | 9,027,127 | 0.01% | Addresses with over 0.00001 |
| 2024-01-17 14:00:00 | 12,846,746 | -0.03% | Addresses with over 0.0001 |
| 2024-01-17 14:00:00 | 11,989,770 | -0.04% | Addresses with over 0.001 |
| 2024-01-17 14:00:00 | 8,062,047 | 0.10% | Addresses with over 0.01 |
| 2024-01-17 14:00:00 | 3,526,250 | 0.07% | Addresses with over 0.1 |
| 2024-01-17 14:00:00 | 860,321 | -0.01% | Addresses with over 1 |
| 2024-01-17 14:00:00 | 138,503 | 0.01% | Addresses with over 10 |
| 2024-01-17 14:00:00 | 13,885 | 0.01% | Addresses with over 100 |
| 2024-01-17 14:00:00 | 1,897 | 0.11% | Addresses with over 1,000 |
| 2024-01-17 14:00:00 | 103 | 0.00% | Addresses with over 10,000 |
| 2024-01-17 14:00:00 | 4 | 0.00% | Addresses with over 100,000 |
Conclusions About the Bitcoin Network
Based on the analysis of Bitcoin address indicators, it can be concluded that the total number of addresses has been steadily increasing in the observed period. This growth in address counts suggests ongoing participation and interest in the Bitcoin network. Although address counts alone do not provide a complete picture of Bitcoin’s overall usage, they serve as a fundamental metric for assessing network activity and adoption. The evidence of consistent and incremental growth in the total number of addresses indicates positive momentum and continued interest in Bitcoin. However, it is essential to consider additional factors and data to form a comprehensive understanding 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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