Bitcoin Wallets Analysis
The Bitcoin Address Indicators provide valuable insights into the activity and balance distribution of wallet addresses. Based on the latest available data from 2024-06-07 14:00:00, the total number of Bitcoin addresses stood at 1,296,278,315, indicating a slight increase of 0.04% compared to the previous date. This indicates a continuous growth in the number of Bitcoin users, highlighting the increasing adoption of the cryptocurrency.
Zero balance addresses, which refer to addresses with no bitcoins, also experienced a marginal increase of 0.03%, reaching 1,243,252,124. While these addresses may not hold any value at a particular time, they could still be relevant in tracking the overall network’s growth and potential wallet activity.
The most significant change was observed in the Bitcoin active addresses category, which saw a significant rise of 715,821 addresses or 12.22% over the previous date. This surge in active addresses signifies heightened transactional activity on the Bitcoin network, indicating increased usage and potential market stability.
Analyzing the address distribution, it is noteworthy that a significant portion of addresses holds amounts greater than 0.00001 bitcoins, with 10,305,545 addresses observed in this category. This demonstrates the engagement of a substantial user base in Bitcoin transactions, potentially contributing to overall liquidity.
Overall, the data from the Bitcoin Address Indicators suggests positive growth in the adoption and usage of Bitcoin, which brings confidence in the resilience and longevity of the cryptocurrency network.
Bitcoin Address Types
| Date | Addresses | Variation | Indicator |
|---|---|---|---|
| 2024-06-07 14:00:00 | 1,296,278,315 | 0.04% | Total Addresses |
| 2024-06-07 14:00:00 | 1,243,252,124 | 0.03% | Zero Balance Addresses |
| 2024-06-07 14:00:00 | 715,821 | 12.22% | Bitcoin Active Addresses |
| 2024-06-07 14:00:00 | 540,762 | 0.00% | Addresses with over 0 |
| 2024-06-07 14:00:00 | 219,374 | 0.00% | Addresses with over 0.0000001 |
| 2024-06-07 14:00:00 | 3,434,187 | 0.23% | Addresses with over 0.000001 |
| 2024-06-07 14:00:00 | 10,305,545 | 0.08% | Addresses with over 0.00001 |
| 2024-06-07 14:00:00 | 13,787,585 | 0.41% | Addresses with over 0.0001 |
| 2024-06-07 14:00:00 | 12,095,267 | 0.40% | Addresses with over 0.001 |
| 2024-06-07 14:00:00 | 8,073,744 | 0.14% | Addresses with over 0.01 |
| 2024-06-07 14:00:00 | 3,557,978 | 0.08% | Addresses with over 0.1 |
| 2024-06-07 14:00:00 | 858,926 | 0.02% | Addresses with over 1 |
| 2024-06-07 14:00:00 | 136,985 | 0.04% | Addresses with over 10 |
| 2024-06-07 14:00:00 | 13,755 | -0.01% | Addresses with over 100 |
| 2024-06-07 14:00:00 | 1,980 | 0.15% | Addresses with over 1,000 |
| 2024-06-07 14:00:00 | 100 | -1.00% | Addresses with over 10,000 |
| 2024-06-07 14:00:00 | 3 | 0.00% | Addresses with over 100,000 |
Conclusions About the Bitcoin Network
In conclusion, the Bitcoin Address Indicators provide valuable insights into the network’s health and adoption metrics. The increasing number of total addresses, coupled with the rising number of active addresses, demonstrates the growing popularity of Bitcoin. Additionally, the presence of a significant number of addresses with balances greater than 0.00001 bitcoins showcases a diverse user base actively engaging in transactions. These indicators, combined with the stable market performance observed, instill confidence in the potential of Bitcoin as a reliable and widely used cryptocurrency moving forward.
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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