Today, we have seen a new event in the realm of the activity of the Bitcoin wallets, which we have not seen since November 27, 2017. According to CoinMetric, there are now more than 1 million active addresses a day. Activity is known as the headlines that send or receive the daily Bitcoin.
Kevin Rooke chuckled about this information and stated:
” When we saw the activity of the wallets of Bitcoin Million active on November 27, 2017, the price of Bitcoin was $ 9352 and the average remittance fee was $ 3.23. Yesterday, the price of the Bitcoin was $ 8230 and the average transfer fee was $ 1.33. “
When Bitcoin first broke 1 million active addresses (Nov 27, 2017), 1 BTC was $9,352 and the median tx fee was $3.23.
Yesterday 1 BTC was $8,230 and the median tx fee was $1.33.
— Kevin Rooke (@kerooke) June 15, 2019
Although some do not see any direct relation with the price of Bitcoin , it is an important measure of the fact that it shows actual and unique transfers between individual wallets and exchanges.
Some see this new figure as an achievement for the Bitcoin network, a new sign of higher adoption and more people entering the Crypto-world.
Please note, that is not a bit of financial advice, nor the WhaleToBe team’s view