Elon Musk’s Tesla transfers Bitcoin worth $770M to new addresses

Tesla relocated 11,509 bitcoins, valued at $770 million, to new addresses. This marks Tesla’s first Bitcoin transaction since selling most holdings in 2022. Tesla remains the third-largest Bitcoin holder among public companies after MicroStrategy. Tesla, the electric vehicle giant led by Elon Musk, has recently relocated its entire Bitcoin (BTC) treasury, consisting of 11,509 bitcoins […]

TRON Exceeds Bitcoin in Daily Active Addresses

Surprisingly, TRON takes the top spot on the list of cryptocurrencies with the most active daily addresses, with 1,643,580. It is followed by Bitcoin, which has 867,570 active addresses. In third place is Litecoin with 754,272 active daily addresses. Cryptocurrencies are always on the move, constantly changing and evolving. They’re often compared to the wild […]

active addresses fall, market makers scale back, price softens

Key Takeaways Number of addresses containing one Bitcoin or more crosses one million Bitcoin relatively subdued despite trading at 2-month low Two prominent market markers are scaling back activity in the space Active addresses show notable decline in last week   We wrote last week that nearly one million addresses on the Bitcoin network now […]

Nearly a million addresses hold more than 1 bitcoin, half the US median salary

Key Takeaways The distribution of Bitcoin can be analysed through the transparent nature of the blockchain Nearly 1 million addresses now hold more than 1 Bitcoin, equivalent to $27,500, or half the US median annual salary As Bitcoin collapsed in price last year, falling 77% from peak to trough, the 1 Bitcoin hurdle became far […]

Bitcoin “shrimp” addresses hit 43.2 million

Bitcoin “shrimp” wallets, which hold 1 bitcoin recently surged to 43.2 million. Bitcoin addresses with 0.01 BTC or less have also hit an all-time high of 32.6 billion. Data also shows bitcoin wallets in profit have reached 70% after recent price gains. Bitcoin price recently reached an eight month high when it rallied to highs […]

30+ million Bitcoin addresses are in profit after BTC spike

Bitcoin addresses in profit is at a 9-month high of 30+ million. More unique addresses in profit were last above 30 million in early April 2022. Non-zero addresses also hit a 1-month high while addresses with 0.01+ BTC is at an all-time high. The number of Bitcoin addresses that are currently in profit has reached […]

Bitcoin addresses with 100-10K coins buy $726 million BTC

Bitcoin wallet addresses with 100 to 10,000 BTC bought another $726 million worth of coins in 9 days. The sharks and whales activity highlight the continued accumulation of BTC as market navigates the recent FTX- fueled crash. Bitcoin price rose to highs of $18,385 on Tuesday, before retreating late Wednesday following US central bank interest […]