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Author Topic: Ethereum Unique Addresses Break 50 Million, Active Wallet Number Keeps Dropping  (Read 758 times)

Offline Nikko

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Ethereum Unique Addresses Break 50 Million, Active Wallet Number Keeps Dropping

The number of unique Ethereum (ETH) wallet addresses has broken 50 million on Saturday, Dec. 15, according to data from the ETH BlockExplorer Etherscan.
Number of unique Ethereum addresses on Dec. 15, 2018
Number of unique Ethereum addresses on Dec. 15, 2018. Source: Etherscan.io
On Saturday, the Ethereum network saw a daily increase of 168,506 unique crypto wallets, following a steady growing trend this year. With that, the highest historical daily growth of unique Ethereum addresses took place on Jan. 4, 2018, with 352,888 new addresses created on the Ethereum network.
Highest historical growth of unique Ethereum addresses on Jan. 4, 2018
Highest historical growth of unique Ethereum addresses on Jan. 4, 2018. Source: Etherscan.io
While the unique address growth chart indicates the number of existing crypto wallets, there is also an index that shows the number of active crypto addresses, representing the number of unique sending and receiving addresses carrying out transactions on a certain day, according to the daily cryptocurrency data website Coinmetrics.

Readmore: https://cointelegraph.com/news/ethereum-unique-addresses-break-50-million-active-wallet-number-keeps-dropping

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Offline Fenix

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The presence of a large number of wallets using ethereum, it is not surprising. Over the past two years, I myself have created and used about 30 MyEtherWallet wallets. The fact that activity is falling in their use, I also do not see anything unusual when the cryptocurrency market has been in decline for almost a year. The market will begin to rise, and the activity of cryptocurrency holders will grow.

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Offline cowz

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It is common for wallets to lay dormant during a bear market, a lack of transactions means they are either hodling or being abandoned. New ones are a bit of a mystery, hard to say who are creating them
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