Bitcoin Wallets Analysis
On-chain data from November 5th reveals a mixed, yet telling, picture for Bitcoin addresses. Total addresses continue their steady climb, adding 0.02% to reach 1,559,200,465, with zero-balance wallets mirroring this growth. However, the number of addresses holding any Bitcoin at all remained flat at 541,152, suggesting that while the network expands, the active participant base isn’t seeing significant new entries.
A closer look shows some interesting shifts within active cohorts. Addresses holding over 0.0001 BTC posted the most notable gain, climbing 0.13% to 14,159,854. This suggests accumulation at the lower-to-mid-tier level. Wallets with more than 1 BTC also saw a modest 0.01% increase, reaching 822,640, and the 10 BTC+ group edged up 0.01% to 129,845.
The largest holders, however, appear to be shedding some weight. Addresses with over 100 BTC saw the most significant contraction, dropping 0.21% to 18,352. The 1,000 BTC+ cohort also decreased slightly by 0.05%, settling at 1,951. This divergence between smaller and larger wallet movements indicates a period of rebalancing rather than broad-based accumulation across all tiers.
Bitcoin Address Types
| Date | Addresses | Variation | Indicator |
|---|---|---|---|
| 2026-11-05 08:00:00 | 1,559,200,465 | 0.02% | Total Addresses |
| 2026-11-05 08:00:00 | 1,501,952,962 | 0.02% | Zero Balance Addresses |
| 2026-11-05 08:00:00 | 541,152 | 0.00% | Addresses with over 0 |
| 2026-11-05 08:00:00 | 219,421 | 0.00% | Addresses with over 0.0000001 |
| 2026-11-05 08:00:00 | 5,033,265 | 0.04% | Addresses with over 0.000001 |
| 2026-11-05 08:00:00 | 12,334,124 | -0.04% | Addresses with over 0.00001 |
| 2026-11-05 08:00:00 | 14,159,854 | 0.13% | Addresses with over 0.0001 |
| 2026-11-05 08:00:00 | 12,212,552 | 0.02% | Addresses with over 0.001 |
| 2026-11-05 08:00:00 | 8,284,018 | 0.03% | Addresses with over 0.01 |
| 2026-11-05 08:00:00 | 3,490,242 | -0.01% | Addresses with over 0.1 |
| 2026-11-05 08:00:00 | 822,640 | 0.01% | Addresses with over 1 |
| 2026-11-05 08:00:00 | 129,845 | 0.01% | Addresses with over 10 |
| 2026-11-05 08:00:00 | 18,352 | -0.21% | Addresses with over 100 |
| 2026-11-05 08:00:00 | 1,951 | -0.05% | Addresses with over 1,000 |
| 2026-11-05 08:00:00 | 83 | 0.00% | Addresses with over 10,000 |
| 2026-11-05 08:00:00 | 4 | 0.00% | Addresses with over 100,000 |
Conclusions About the Bitcoin Network
The latest address data points to a subtle rebalancing act across the Bitcoin network. While overall network addresses continue to expand, the core active user base remains stable. We’re seeing modest accumulation in smaller and mid-tier wallets, particularly those holding over 0.0001 BTC, which saw the strongest growth. Conversely, the largest cohorts, specifically addresses with over 100 BTC, are showing signs of distribution or reduced holdings. This suggests a market where smaller participants are slowly building positions, even as some larger entities trim theirs. The dynamic indicates a cautious environment, with no clear directional signal from the biggest players, but consistent, albeit minor, demand from smaller holders.
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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