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Bitcoin addresses by balance refer to the distribution of bitcoins across different wallet addresses, which helps in understanding wealth concentration and network activity. This data is crucial for investors and analysts to track market trends and assess the health of the Bitcoin ecosystem.
By analyzing bitcoin addresses by balance, users can identify large holders, known as whales, and monitor their movements. This information aids in making informed decisions about buying, selling, or holding bitcoins, as it provides insights into potential price fluctuations and market sentiment. |
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