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Two Smaller Bitcoin (BTC) Address Bands Gain 14,207 Coins in Two Weeks

The one-to-10 BTC band accounted for 10,076 BTC of the increase, while the 10-to-100 BTC band added 4,131 BTC.

Updated 1 min read
A graphic compares Bitcoin balances across two address ranges over a two-week period. / EconoTimes.ai
A graphic compares Bitcoin balances across two address ranges over a two-week period. / EconoTimes.ai

Across the two-week comparison, balances in the one-to-100 BTC address bands rose by 14,207 BTC in aggregate.

Balances in the one-to-10 BTC range accounted for 10,076 BTC of the increase. The 10-to-100 BTC range made up the remaining 4,131 BTC.

The totals reflect balances assigned to address ranges; they do not identify who controls those addresses or prove that the coins were bought on the open market. One holder can use multiple addresses, while a single address may hold coins for several customers.

Transfers between addresses, or balances crossing a band threshold, can also change the totals without a trade. An earlier EconoTimes comparison of larger Bitcoin address bands made the same distinction between address balances and activity by individual holders.

The 14,207 BTC figure describes a change across two balance groups. The total cannot establish how many distinct entities control the addresses or whether the additional balance resulted from market trades.

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