Bitcoin Wallets Analysis
Bitcoin address indicators provide crucial insights into the activity and health of the cryptocurrency market. The data from the ‘Bitcoin Address Indicators’ table showcases the quantity of wallet addresses based on their balance values. As of the latest update on 2024-06-05 14:00:00, there are a total of 1,295,772,022 addresses, with zero balance addresses comprising 1,242,881,116, accounting for 95.88% of the total addresses. Further analysis reveals that there are 628,343 active Bitcoin addresses at present. These figures indicate a strong level of activity and engagement within the ecosystem.
Bitcoin Address Types
| Date | Addresses | Variation | Indicator |
|---|---|---|---|
| 2024-06-05 14:00:00 | 1,295,772,022 | 0.00% | Total Addresses |
| 2024-06-05 14:00:00 | 1,242,881,116 | 0.00% | Zero Balance Addresses |
| 2024-06-05 14:00:00 | 628,343 | 0.00% | Bitcoin Active Addresses |
| 2024-06-05 14:00:00 | 540,761 | 0.00% | Addresses with over 0 |
| 2024-06-05 14:00:00 | 219,373 | 0.00% | Addresses with over 0.0000001 |
| 2024-06-05 14:00:00 | 3,426,165 | 0.00% | Addresses with over 0.000001 |
| 2024-06-05 14:00:00 | 10,297,032 | 0.00% | Addresses with over 0.00001 |
| 2024-06-05 14:00:00 | 13,731,101 | 0.00% | Addresses with over 0.0001 |
| 2024-06-05 14:00:00 | 12,047,190 | 0.00% | Addresses with over 0.001 |
| 2024-06-05 14:00:00 | 8,062,648 | 0.00% | Addresses with over 0.01 |
| 2024-06-05 14:00:00 | 3,555,146 | 0.00% | Addresses with over 0.1 |
| 2024-06-05 14:00:00 | 858,722 | 0.00% | Addresses with over 1 |
| 2024-06-05 14:00:00 | 136,930 | 0.00% | Addresses with over 10 |
| 2024-06-05 14:00:00 | 13,757 | 0.00% | Addresses with over 100 |
| 2024-06-05 14:00:00 | 1,977 | 0.00% | Addresses with over 1,000 |
| 2024-06-05 14:00:00 | 101 | 0.00% | Addresses with over 10,000 |
| 2024-06-05 14:00:00 | 3 | 0.00% | Addresses with over 100,000 |
Conclusions About the Bitcoin Network
Based on the current data, the Bitcoin address indicators suggest a thriving cryptocurrency market. The substantial number of addresses, along with the presence of active addresses and a relatively low percentage of zero balance addresses, instill confidence in the robustness of the ecosystem. These indicators reflect a healthy level of user participation and transactional activity within the Bitcoin network. However, it is important to note that these findings are based on the provided data and should be interpreted with caution. Regular monitoring and additional analysis are recommended to track any evolving trends and assess the overall health of the Bitcoin network.
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.
