Bitcoin Wallets Analysis
Bitcoin Address Indicators data provides valuable insights into the activity and growth of the Bitcoin network. As of June 17, 2024, there were a total of 1,298,679,056 addresses recorded. This indicates a strong user base and widespread adoption of Bitcoin wallets. The number of Bitcoin active addresses was 703,575, suggesting a healthy level of engagement within the ecosystem. Additionally, the data highlights the distribution of addresses based on different balance thresholds. It is interesting to note that there are significantly fewer addresses with higher balance thresholds, indicating that a majority of Bitcoin users hold smaller amounts.
Furthermore, by analyzing the variation column, it appears that all different categories of addresses did not show any changes compared to the last period. This stability could be an indicator of a consolidated network or a period of low transactional activity.
The confidence in this analysis is based on the reliable and up-to-date nature of the provided data. The data comes from credible sources, and the table is titled ‘Bitcoin Address Indicators,’ implying that it is specifically curated to track relevant indicators of the Bitcoin network. However, it is important to consider additional context and corroborate this analysis with other data points or expert opinions to draw more comprehensive conclusions.
Bitcoin Address Types
| Date | Addresses | Variation | Indicator |
|---|---|---|---|
| 2024-06-17 13:00:00 | 1,298,679,056 | 0.00% | Total Addresses |
| 2024-06-17 13:00:00 | 703,575 | 0.00% | Bitcoin Active Addresses |
| 2024-06-17 13:00:00 | 540,763 | 0.00% | Addresses with over 0 |
| 2024-06-17 13:00:00 | 219,375 | 0.00% | Addresses with over 0.0000001 |
| 2024-06-17 13:00:00 | 3,470,364 | 0.00% | Addresses with over 0.000001 |
| 2024-06-17 13:00:00 | 10,359,579 | 0.00% | Addresses with over 0.00001 |
| 2024-06-17 13:00:00 | 13,823,861 | 0.00% | Addresses with over 0.0001 |
| 2024-06-17 13:00:00 | 11,928,157 | 0.00% | Addresses with over 0.001 |
| 2024-06-17 13:00:00 | 8,045,835 | 0.00% | Addresses with over 0.01 |
| 2024-06-17 13:00:00 | 3,541,676 | 0.00% | Addresses with over 0.1 |
| 2024-06-17 13:00:00 | 858,344 | 0.00% | Addresses with over 1 |
| 2024-06-17 13:00:00 | 136,934 | 0.00% | Addresses with over 10 |
| 2024-06-17 13:00:00 | 13,785 | 0.00% | Addresses with over 100 |
| 2024-06-17 13:00:00 | 1,966 | 0.00% | Addresses with over 1,000 |
| 2024-06-17 13:00:00 | 103 | 0.00% | Addresses with over 10,000 |
| 2024-06-17 13:00:00 | 3 | 0.00% | Addresses with over 100,000 |
Conclusions About the Bitcoin Network
In conclusion, the Bitcoin Address Indicators data provides a snapshot of the active addresses in the Bitcoin network. With over 1.2 billion addresses recorded, it is evident that Bitcoin has seen significant adoption. The data also reveals a concentration of addresses with smaller balance thresholds, indicating that a majority of users hold smaller amounts of Bitcoin. Additionally, the stable variation across all categories suggests a period of relative calm in terms of address growth. While this information provides valuable insights, it is essential to consider a broader range of metrics and market factors when forming a comprehensive analysis 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.
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