In keeping with blockchain knowledge supplier Glassnode, that’s the third-highest quantity ever for a single month, following January 2018 (19.67 million) and December 2017 (21.64 million).
It’s no shock that lively tackle numbers have roughly aligned with the price of Bitcoin over the previous few years. Because the price climbs, curiosity in buying and selling goes up, or vice versa.
The Bitcoin rally (and former all-time-high, by way of price) of late 2017 and its subsequent crash in early 2018 generated an enormous quantity of press for Bitcoin. For the month of December 2017, the variety of new addresses skyrocketed to over 17 million.
If that quantity feels excessive it’s as a result of most Bitcoin addresses (there are actually over 740 million, in complete, in accordance with Glassnode) don’t really maintain any Bitcoin and are thus not lively.
Lively tackle numbers started spiking earlier this yr, when the price of Bitcoin started choosing up. On November 9, the variety of lively addresses for the day was 1.18 million.
The price of Bitcoin not too long ago bested its earlier all-time-high and is sitting at round $19,000 per coin.