Bullish
Bitcoin Daily Active Addresses Surge 55% to 1M, Hitting 8-Month High
2026-08-02 11:57:20
Bitcoin active addresses jumped from 645k to nearly 1M in one day following the Coldcard incident, marking the highest level since December 2024.
Woofun AI data shows that Bitcoin daily active addresses climbed from 645,000 on July 30 to approximately 1 million on July 31. This volume represents the highest single-day reading since December 10, 2024. The expansion was chiefly fueled by a rise in active sending addresses, whereas the increase in active receiving addresses remained comparatively modest.
WOOFUN AI
Impact Assessment · Quick Read
The sharp spike in active addresses suggests heightened network utilization immediately following the security incident. With sending activity driving the majority of the growth, this may indicate rapid asset movement or consolidation rather than organic demand. Such short-term volatility in on-chain metrics often precedes stabilization as users secure funds.
Generated by WOOFUN AI · For reference only, not investment advice
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