Many Bitcoin wallets, but few active addresses

According to a Statista study, the number of users of the Blockchain portfolio in the world has now exceeded 40 million.

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1 The safest Bitcoin wallet

2 Many wallets, few active addresses

3 Tens of millions of people have crypto wallets

3.1 Related posts:

At the end of 2016, the number of users was over 10 million, while at the end of 2017 they exceeded 20 million. During the speculative bubble from the end of 2017 to the beginning of 2018, the number of users exceeded 30 million. It reached 40 million in June 2019.

The safest Bitcoin wallet

Blockchain.com announced on September 25 that the total number of wallets has exceeded 42 million. It is important to note that the number refers to portfolios themselves, not just public addresses. Each wallet can contain multiple addresses and support multiple types of cryptocurrencies.

Many wallets, few active addresses

For example, in terms of bitcoin, there are nearly 10 million addresses that contain BTCs equal to or greater than one dollar. The number of active addresses in the last 24 hours is about 700,000.

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Therefore, many wallets have been created, but they are still empty or contain very few tokens or do not contain Bitcoin, but other cryptocurrencies.

In addition, the number of active addresses is much smaller than the number of wallets containing Bitcoin.

Tens of millions of people have crypto wallets

From these data some conclusions can be drawn.

First of all, the existing crypto wallets exceeded 40 million, because the statistics refer only to those opened on the Blockchain.com platform. So, tens of millions of people around the world have opened their cryptocurrency wallets.

Secondly, most of them do not contain Bitcoin or contain so little Satoshi that they are negligible. And the third conclusion is that the number of portfolios is growing rapidly in 2019.