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.
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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