Number of Bitcoin Active Addresses Falls Below Annual Average

Source
Son Min

Summary

  • The number of active addresses on the Bitcoin network has decreased below the annual average.
  • The current number of active addresses for Bitcoin is reported to be around 1.1 million.
  • The decrease in Bitcoin's number of active addresses is considered a notable indicator for investors.

The number of active addresses on the Bitcoin (BTC) network has fallen below the annual average.

On the 19th (local time), Axel Adler Jr., a CryptoQuant contributor, revealed through X that "after Bitcoin hit its peak, the number of active addresses on the network fell below the annual average" and stated that "the current number of active addresses is around 1.1 million."

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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