{"id":26592,"date":"2020-07-29T12:07:20","date_gmt":"2020-07-29T09:07:20","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=26592"},"modified":"2025-08-26T15:17:28","modified_gmt":"2025-08-26T12:17:28","slug":"active-bitcoin-addresses-hit-a-two-year-high","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/active-bitcoin-addresses-hit-a-two-year-high\/","title":{"rendered":"Active Bitcoin addresses hit a two-year high"},"content":{"rendered":"<p>On July 24, the number of active Bitcoin addresses reached a two-year high of 1,081,981. Such data <a href=\"https:\/\/static1.squarespace.com\/static\/5df0fdb6a73a4b1d59c74702\/t\/5f2038c25dc5bf23be1b349f\/1595947207937\/Weekly+update+Russian++-+Arcane+Research+%28Week+30%29+.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">are provided by<\/a> Arcane Research.<\/p>\n<p><!--more--><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-105844 aligncenter\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2020-07-29-v-12.02.37-1024x662.png\" alt=\"Number of active Bitcoin addresses hits a two-year high\" width=\"1024\" height=\"662\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2020-07-29-v-12.02.37-1024x662.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2020-07-29-v-12.02.37-300x194.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2020-07-29-v-12.02.37-768x496.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2020-07-29-v-12.02.37.png 1516w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p>Higher readings were seen only in late 2017 and early 2018, lasting 29 days.<\/p>\n<p>Active addresses refer to unique addresses that send or receive transactions within a 24-hour period.<\/p>\n<p>On July 24, the average fee in the Bitcoin network stood at $1.97, well below late-2017 levels, Arcane Research notes.<\/p>\n<p>The number of bitcoins held on the wallets of major exchanges has also declined. It now stands at 2.6 million BTC, which is 227,532 BTC less than January 1, 2020. The net outflow of coins from exchanges from March 15 to July 27 totalled 278,395 BTC.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-105843 aligncenter\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2020-07-29-v-12.01.55-1024x700.png\" alt=\"Number of active Bitcoin addresses hits a two-year high\" width=\"1024\" height=\"700\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2020-07-29-v-12.01.55-1024x700.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2020-07-29-v-12.01.55-300x205.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2020-07-29-v-12.01.55-768x525.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2020-07-29-v-12.01.55.png 1460w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p>The last time such figures were recorded was in May 2019. After that, Bitcoin rallied from $7,094 to $13,648.<\/p>\n<p>Arcane Research&#8217;s weekly Russian-language newsletter is available at the <a href=\"https:\/\/static1.squarespace.com\/static\/5df0fdb6a73a4b1d59c74702\/t\/5f2038c25dc5bf23be1b349f\/1595947207937\/Weekly+update+Russian++-+Arcane+Research+%28Week+30%29+.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">link<\/a>. It is free.<\/p>\n<p>In April, inflows of bitcoins to centralized exchanges reached a three-month high as the price moved past $10,000 and $11,000, but miners, according to Glassnode, <a href=\"https:\/\/u1f987.com\/en\/news\/report-miners-slow-to-sell-bitcoin-during-rally\">continue to hold<\/a> mined coins and are not in a hurry to sell.<\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\"https:\/\/t.me\/forklogfeed\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog Feed<\/a> \u2014 all the latest news, <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On July 24, the number of active Bitcoin addresses reached a two-year high of 1,081,981. Arcane Research provides the data.<\/p>\n","protected":false},"author":1,"featured_media":26593,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18],"class_list":["post-26592","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin"],"aioseo_notices":[],"amp_enabled":true,"views":"10","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/26592","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=26592"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/26592\/revisions"}],"predecessor-version":[{"id":26594,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/26592\/revisions\/26594"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/26593"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=26592"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=26592"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=26592"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}