Fun

Bitcoin’s top 100 ‘dustiest’ wallets contain over $88M in BTC

News Feed - 2024-07-16 07:07:56

Nancy Lubale1 hour agoBitcoin’s top 100 ‘dustiest’ wallets contain over $88M in BTCMore than $88 million is held in the top 100 Bitcoin wallets, which are classified as containing a “minuscule amount” of BTC.817 Total views4 Total sharesListen to article 0:00Markets NewsOwn this piece of crypto historyCollect this article as NFTJoin us on social networksThe top 100 “dustiest Bitcoin addresses” hold more than $88 million worth of BTC, accumulating more than 530 BTC since January 2023.


Dusty addresses refer to wallets that contain “minuscule amounts” of Bitcoin (BTC) (


These addresses hold a total of about 1,380 BTC, according to data from BitInfoCharts.Bitcoin Dust (≤0.0001BTC). Source: BitInfoCharts


The chart above shows that these addresses have processed more than $139 million in transactions since January 2010.


Interestingly, many of the smallest addresses are relatively new, with nine of the top ten having received their first transaction later than March 2023. The newest in the top 100 is only five months old.


The top wallet among these is an address controlled by the Huobi crypto exchange. It holds 12.46 BTC, worth about $792,000 at current rates. This address has transacted more than 1.59 million transactions, representing 0.77% of all Bitcoin transactions.Bitcoin Address 1HckjUpRGcrrRAtFaaCAUaGjsPx9oYmLaZ. Source:BitInfoCharts


Seventy-eight of these addresses belong to F2Pool, a Bitcoin mining pool. The largest among them holds 2.47 BTC worth about $172,737. The rest are believed to belong to a mix of retail and institutional investors, and it is almost impossible to differentiate between the two.


According to BitInfoCharts, 82 of the top 100 have never seen a transfer in and out of the wallet in 2024.


Related:BTC price all-time high in July? 5 things to know in Bitcoin this weekBitcoin address holdings


The number of Bitcoin wallets is constantly growing, with up to a 5.5% increase in total addresses since the beginning of the year. According to the data from Glassnode, there are around 1.3 Bitcoin wallets as of July 14.Bitcoin number of addresses. Source: Glassnode


Considering that some of them are inactive, inaccessible, or simply empty, the number of active Bitcoin wallets with an existing balance (non-zero) in them narrows down to around 44 million addresses.


Non-zero addresses refer to accounts holding a balance greater than zero, indicating active participation and engagement with the Bitcoin blockchain. This number has increased steadily over the last year, suggesting a growing confidence in the network and the overall strength of the cryptocurrency ecosystem.


This serves as a positive indicator for the future trajectory of Bitcoin and its potential for further adoption.


This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.# Bitcoin# Cryptocurrencies# MarketsAdd reaction

News Feed

Traders see ETH’s $3.2K pullback as a ‘buy’ while ETFs build steam
Ciaran Lyons7 hours agoTraders see ETH’s $3.2K pullback as a ‘buy’ while ETFs build steamAnalysts believe Ether will see “tremendous” price action once spot ETFs build momentum, similar to Bitcoin after the lau
Spellfire: Crypto Project Older Than Crypto Starts a ‘10 Days Growth’ Sprint
Spellfire: Crypto Project Older Than Crypto Starts a ‘10 Days Growth’ Sprint sponsored Spellfire has packed 30 years of history into an amazing experience and combined it with t
Between days in court, Donald Trump will meet crypto enthusiasts for NFT dinner
Turner Wright6 hours agoBetween days in court, Donald Trump will meet crypto enthusiasts for NFT dinnerAnyone who spent at least $4,653 on Trump’s “Mugshot” NFTs will be able to have dinner with the former presiden
Bittrex Target of Latest $1 Million Crypto SIM Hack Lawsuit
Crypto exchange Bittrex is being sued over a SIM swap that netted criminals 100 bitcoin, currently worth nearly $1 million. The case resembles other recent high-profile heists in wh
Amid High Energy Demand From Miners, Russia Mulls Building New Power Plants in Siberia
Amid High Energy Demand From Miners, Russia Mulls Building New Power Plants in Siberia Growing electricity consumption in the crypto mining sector may require the construction of n
Ukraine Central Bank Limits Cash Withdrawals Amid Russian Assault
Ukraine Central Bank Limits Cash Withdrawals Amid Russian Assault The central bank of Ukraine has capped withdrawals of cash in national fiat and banned those in foreign currency.
Crypto Advocates Think Joe Biden’s $3 Trillion Stimulus Plan Will Bolster Bitcoin
Crypto Advocates Think Joe Biden"s $3 Trillion Stimulus Plan Will Bolster Bitcoin According to various reports, U.S. President-elect Joe Biden is planning to cre
A System of Robot Drug Dealers on Telegram Allows People to Buy Illegal Products for Bitcoin
A System of Robot Drug Dealers on Telegram Allows People to Buy Illegal Products for Bitcoin There’s a new avenue darknet market (DNM) customers have found
William Suberg14 hours agoBTC price ‘fireworks’ after monthly close? 5 things to know in Bitcoin this weekBitcoin may finally get a trend identity after the July monthly close is done, one trader suggests, with BTC p
Biden’s $2 Trillion Relief Package the Largest Stimulus Payments to-Date, Plan Showers Money on the Bureaucracy
Biden"s $2 Trillion Relief Package the Largest Stimulus Payments to-Date, Plan Showers Money on the Bureaucracy On Saturday, politicians in the U.S. approved the
Bitcoin Lender Genesis Global Issues $2 Billion in Loans During Record Quarter
Bitcoin Lender Genesis Global Issues $2 Billion in Loans During Record QuarterGenesis Global Trading has reported a 100% jump in new loan originations in the first quarter. The cryp
ApeCoin DAO gives thumbs up to .APE top-level domains
Arijit Sarkar14 hours agoApeCoin DAO gives thumbs up to .APE top-level domainsD3 will lead the effort to prepare and submit the application after the majority (91.68%) of the ApeCoin voters did so in favor of the proposa