Bitcoin Wallets Analysis
On-chain data for Bitcoin addresses over the past 72 hours shows a nuanced picture. Total addresses continue their incremental climb, adding 0.02% daily to reach 1.557 billion on October 29. Zero-balance wallets also grew at a similar rate, suggesting the overall expansion isn’t translating into a surge of new active participants.
The real action is in the larger holding cohorts. Addresses holding over 10,000 BTC jumped 1.18% on October 29, reaching 85 wallets. This follows a significant 0.32% increase in addresses holding over 100 BTC on October 28, which then held steady. These moves indicate notable accumulation from very large players, a pattern that often signals conviction.
However, not all segments are moving in lockstep. Addresses with over 10 BTC saw a slight dip of 0.02% on October 29, after a 0.09% rise the day prior. Similarly, some smaller active cohorts, like those holding over 0.00001 BTC and 0.001 BTC, experienced minor pullbacks of 0.03% and 0.04% respectively. This mixed activity suggests that while institutional-sized wallets are growing, broader retail engagement remains somewhat volatile or flat.
Bitcoin Address Types
| Date | Addresses | Variation | Indicator |
|---|---|---|---|
| 2026-10-29 08:00:00 | 1,557,176,090 | 0.02% | Total Addresses |
| 2026-10-29 08:00:00 | 1,499,957,442 | 0.02% | Zero Balance Addresses |
| 2026-10-29 08:00:00 | 541,162 | 0.00% | Addresses with over 0 |
| 2026-10-29 08:00:00 | 219,432 | 0.00% | Addresses with over 0.0000001 |
| 2026-10-29 08:00:00 | 5,030,761 | 0.04% | Addresses with over 0.000001 |
| 2026-10-29 08:00:00 | 12,352,473 | -0.03% | Addresses with over 0.00001 |
| 2026-10-29 08:00:00 | 14,174,651 | 0.05% | Addresses with over 0.0001 |
| 2026-10-29 08:00:00 | 12,194,384 | -0.04% | Addresses with over 0.001 |
| 2026-10-29 08:00:00 | 8,255,757 | 0.03% | Addresses with over 0.01 |
| 2026-10-29 08:00:00 | 3,479,859 | 0.00% | Addresses with over 0.1 |
| 2026-10-29 08:00:00 | 819,985 | 0.01% | Addresses with over 1 |
| 2026-10-29 08:00:00 | 129,714 | -0.02% | Addresses with over 10 |
| 2026-10-29 08:00:00 | 18,444 | 0.00% | Addresses with over 100 |
| 2026-10-29 08:00:00 | 1,937 | -0.10% | Addresses with over 1,000 |
| 2026-10-29 08:00:00 | 85 | 1.18% | Addresses with over 10,000 |
| 2026-10-29 08:00:00 | 4 | 0.00% | Addresses with over 100,000 |
Conclusions About the Bitcoin Network
The latest on-chain indicators point to quiet accumulation from the largest Bitcoin holders. We’re seeing a clear uptick in addresses with over 10,000 BTC and a prior strong move in the 100+ BTC cohort. This suggests strong buying momentum at the top end. While overall address growth is minimal and some smaller active wallets show minor fluctuations, the consistent expansion of these significant whale-tier addresses provides a solid on-chain backdrop. Watch these larger cohorts closely; their sustained growth could signal continued confidence in Bitcoin’s long-term trajectory.
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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