Bitcoin Wallets Analysis
The data from the ‘Bitcoin Address Indicators’ table reveals key insights into the activity and distribution of Bitcoin addresses. On March 18, 2024, there were a total of 1,250,107,865 addresses, with no change from the previous day. This indicates a consistent level of wallet creation and usage. Furthermore, there were 923,510 active Bitcoin addresses, showing a 2.34% increase compared to the previous day. This indicates a growing number of users engaging with the Bitcoin network. Additionally, the data shows a range of address variations, from those with balances over 0 to over 100,000. While the quantities of addresses with higher balances decrease significantly, it demonstrates the presence of larger investors and entities in the Bitcoin ecosystem.
The reliability of this analysis is based on the provided dataset, which provides specific values for each indicator. The source of the data is also mentioned in the table, further contributing to its credibility. The recent reference date of March 18, 2024 ensures the timeliness of the information and makes it applicable to current market trends. Overall, this analysis offers valuable insights into the activity and distribution of Bitcoin addresses.
Bitcoin Address Types
| Date | Addresses | Variation | Indicator |
|---|---|---|---|
| 2024-03-18 14:00:00 | 1,250,107,865 | 0.00% | Total Addresses |
| 2024-03-18 14:00:00 | 923,510 | 2.34% | Bitcoin Active Addresses |
| 2024-03-18 14:00:00 | 540,583 | 0.00% | Addresses with over 0 |
| 2024-03-18 14:00:00 | 219,366 | 0.00% | Addresses with over 0.0000001 |
| 2024-03-18 14:00:00 | 2,893,817 | 0.00% | Addresses with over 0.000001 |
| 2024-03-18 14:00:00 | 9,715,701 | 0.00% | Addresses with over 0.00001 |
| 2024-03-18 14:00:00 | 13,299,837 | 0.00% | Addresses with over 0.0001 |
| 2024-03-18 14:00:00 | 12,072,465 | 0.00% | Addresses with over 0.001 |
| 2024-03-18 14:00:00 | 8,057,127 | 0.00% | Addresses with over 0.01 |
| 2024-03-18 14:00:00 | 3,552,036 | 0.00% | Addresses with over 0.1 |
| 2024-03-18 14:00:00 | 865,229 | 0.00% | Addresses with over 1 |
| 2024-03-18 14:00:00 | 138,909 | 0.00% | Addresses with over 10 |
| 2024-03-18 14:00:00 | 13,882 | 0.00% | Addresses with over 100 |
| 2024-03-18 14:00:00 | 1,909 | 0.00% | Addresses with over 1,000 |
| 2024-03-18 14:00:00 | 107 | 0.00% | Addresses with over 10,000 |
| 2024-03-18 14:00:00 | 4 | 0.00% | Addresses with over 100,000 |
Conclusions About the Bitcoin Network
Based on the ‘Bitcoin Address Indicators’ table, it is evident that the Bitcoin network continues to experience consistent growth in wallet creation and a growing number of active addresses. This indicates a positive trend in user engagement with the cryptocurrency. Furthermore, the presence of addresses with higher balances suggests the involvement of larger investors and entities in the Bitcoin ecosystem. These indicators point towards a healthy and expanding Bitcoin market. However, it is important to note that this analysis is based solely on the provided dataset. While it offers valuable insights, additional metrics and market data should be considered for a comprehensive understanding of the Bitcoin address landscape.
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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