Bitcoin Wallets Analysis
The ‘Bitcoin Address Indicators’ table provides valuable insights into the activity and distribution of Bitcoin wallet addresses. The total addresses have slightly increased from 1,303,512,811 to 1,304,080,671, indicating a small growth in the number of Bitcoin wallets. There has also been a slight increase in the number of active addresses, with a decrease in Bitcoin active addresses from 709,525 to 707,422. This suggests that while the overall number of addresses is growing, the number of actively used addresses has decreased slightly. However, it is worth noting that these changes are within a small percentage range, indicating a relatively stable market. Furthermore, the table shows that the number of addresses with balances above specific thresholds remains consistent over time. This stability implies a consistent distribution of Bitcoin holdings among addresses, with no significant shifts in wealth concentration. Overall, the data demonstrates a stable and active Bitcoin network with relatively consistent wallet activity and address distribution across different balance thresholds.
Bitcoin Address Types
| Date | Addresses | Variation | Indicator |
|---|---|---|---|
| 2024-07-06 13:00:00 | 1,304,080,671 | 0.04% | Total Addresses |
| 2024-07-06 13:00:00 | 1,251,440,551 | 0.05% | Zero Balance Addresses |
| 2024-07-06 13:00:00 | 707,422 | -0.30% | Bitcoin Active Addresses |
| 2024-07-06 13:00:00 | 540,531 | 0.00% | Addresses with over 0 |
| 2024-07-06 13:00:00 | 219,377 | 0.00% | Addresses with over 0.0000001 |
| 2024-07-06 13:00:00 | 3,513,109 | 0.07% | Addresses with over 0.000001 |
| 2024-07-06 13:00:00 | 10,444,969 | 0.07% | Addresses with over 0.00001 |
| 2024-07-06 13:00:00 | 13,537,232 | -0.18% | Addresses with over 0.0001 |
| 2024-07-06 13:00:00 | 11,809,936 | 0.04% | Addresses with over 0.001 |
| 2024-07-06 13:00:00 | 8,022,786 | 0.02% | Addresses with over 0.01 |
| 2024-07-06 13:00:00 | 3,542,015 | 0.00% | Addresses with over 0.1 |
| 2024-07-06 13:00:00 | 857,279 | -0.03% | Addresses with over 1 |
| 2024-07-06 13:00:00 | 137,052 | -0.02% | Addresses with over 10 |
| 2024-07-06 13:00:00 | 13,774 | -0.12% | Addresses with over 100 |
| 2024-07-06 13:00:00 | 1,954 | -0.20% | Addresses with over 1,000 |
| 2024-07-06 13:00:00 | 102 | 0.98% | Addresses with over 10,000 |
| 2024-07-06 13:00:00 | 4 | 0.00% | Addresses with over 100,000 |
Conclusions About the Bitcoin Network
Based on the ‘Bitcoin Address Indicators’ table, the Bitcoin network shows steady growth in the number of addresses and consistent wallet activity. The slight increase in total addresses suggests ongoing adoption and usage of Bitcoin, while the decrease in active addresses indicates a marginal decline in user activity. However, these changes are minimal and may be within normal fluctuations. The data also reveals a stable distribution of Bitcoin holdings across address balances, with no significant concentration. This implies that the Bitcoin market remains robust and decentralized with consistent participation. These indicators support confidence in the continued growth and stability of the Bitcoin network and suggest a positive outlook for the cryptocurrency ecosystem.
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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