Bitcoin Wallets Analysis
The ‘Bitcoin Address Indicators’ table provides valuable insights into the cryptocurrency market. As of the latest data available, there were 1,210,733,565 total addresses in use. This figure remained unchanged from the previous day, indicating stability in the number of active cryptocurrency users.
Moreover, when analyzing the active Bitcoin addresses, it can be observed that there was a decrease of 2.31% in the number of active addresses, with 906,049 active addresses compared to 926,940 the day before. While this may indicate a slight decline in user activity, it’s important to note that the overall trend remains positive, as the table data shows a higher number of addresses with increasing balance thresholds.
The data reveals that the number of addresses with at least 0.000001, 0.00001, 0.0001, and 0.001 BTC remained consistent at 2,724,355, 9,310,471, 12,164,369, and 11,375,887 respectively. The variation of addresses with balance thresholds higher than 0.01, 0.1, 1, 10, and 100 BTC continued to be stable as well, with 7,782,026, 3,475,837, 860,972, 139,966, and 13,960 addresses, respectively.
It is worth noting that there were only four addresses with balances over 100,000 BTC, leading to a scarcity of large holders.
Based on these indicators, we can conclude that while there is a slight decrease in the number of active Bitcoin addresses, the market remains stable and there is a consistent number of users with various balance thresholds.
The confidence level of this analysis is high, as it is based on reliable and up-to-date data from the provided ‘Bitcoin Address Indicators’ table.
Bitcoin Address Types
| Date | Addresses | Variation | Indicator |
|---|---|---|---|
| 2023-11-30 14:00:00 | 1,210,733,565 | 0.00% | Total Addresses |
| 2023-11-30 14:00:00 | 906,049 | -2.31% | Bitcoin Active Addresses |
| 2023-11-30 14:00:00 | 540,508 | 0.00% | Addresses with over 0 |
| 2023-11-30 14:00:00 | 219,626 | 0.00% | Addresses with over 0.0000001 |
| 2023-11-30 14:00:00 | 2,724,355 | 0.00% | Addresses with over 0.000001 |
| 2023-11-30 14:00:00 | 9,310,471 | 0.00% | Addresses with over 0.00001 |
| 2023-11-30 14:00:00 | 12,164,369 | 0.00% | Addresses with over 0.0001 |
| 2023-11-30 14:00:00 | 11,375,887 | 0.00% | Addresses with over 0.001 |
| 2023-11-30 14:00:00 | 7,782,026 | 0.00% | Addresses with over 0.01 |
| 2023-11-30 14:00:00 | 3,475,837 | 0.00% | Addresses with over 0.1 |
| 2023-11-30 14:00:00 | 860,972 | 0.00% | Addresses with over 1 |
| 2023-11-30 14:00:00 | 139,966 | 0.00% | Addresses with over 10 |
| 2023-11-30 14:00:00 | 13,960 | 0.00% | Addresses with over 100 |
| 2023-11-30 14:00:00 | 1,914 | 0.00% | Addresses with over 1,000 |
| 2023-11-30 14:00:00 | 106 | 0.00% | Addresses with over 10,000 |
| 2023-11-30 14:00:00 | 4 | 0.00% | Addresses with over 100,000 |
Conclusions About the Bitcoin Network
In conclusion, the ‘Bitcoin Address Indicators’ table provides valuable insights into the cryptocurrency market, indicating stability in the total number of addresses and a slight decline in the number of active Bitcoin addresses.
However, there is a consistent number of addresses with varying balance thresholds, suggesting a steady user base and a positive market trend.
The analysis is based on reliable and recent data, providing a high level of confidence in its findings. Overall, these indicators present an encouraging picture of the cryptocurrency market and its user engagement.
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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