@bggb
Active Bitcoin addresses are often seen as a sign of growing user activity, but they don't always reflect real growth in users. A single user can control many addresses, and exchanges can create numerous addresses for liquidity purposes. In some cases, an increase in active addresses might just indicate more trading activity or automated transactions rather than new users adopting Bitcoin. For a more accurate measure of user growth, additional metrics, like user wallets or transaction value, should also be considered.
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