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Protocols & Tech Rumor First seen

Reddit user describes on-chain count of 1+ BTC addresses over past year

A Reddit r/Bitcoin community post describes a method for counting unspent outputs of 1+ BTC created over the last 365 days, covering blocks 920,077-972,558. The author says the count excludes miner payouts, consolidations of 10+ inputs and change, and cautions that addresses are not people and that exchanges hold many users' coins.

Why “Rumor”

  • Only community or trader posts: r/Bitcoin

0 independent source groups across 1 post · evidence score 9/100. How labels work

Market around the story

AssetPrice at first report6h before1h before1h after6h after1h move vs normal24h volume vs median
BTC $81,171 −0.97% −0.54% −0.04% +0.10% 0.1σ 1.1×

Returns are measured from the moment the story first appeared. “vs normal” compares the move with the asset's typical hourly move over the previous 30 days.

What the sources claim

  1. The author counted every unspent output of 1+ BTC created in the last 365 days across blocks 920,077-972,558. BTC

    “every unspent output of 1+ BTC created in the last 365 days (blocks 920,077-972,558)”
    r/Bitcoin
  2. The count subtracts miner payouts, consolidations of 10+ inputs and change. BTC

    “minus miner payouts, consolidations (10+ inputs) and change”
    r/Bitcoin
  3. The author cautions that addresses are not people and that exchanges hold many users' coins. BTC

    “Addresses aren't people. Exchanges hold many users' coins; one person can use several.”
    r/Bitcoin

Sources

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Summary and claims extracted by AI with prompt analyze-story@5 on 2026-10-23 04:30 UTC. Labels are computed from the sources, not by the model.