Whats considered a wallet in this analysis? If it’s the creation of public keys then what’s the standard pub key to private key ratio used?
For example I have a private key witb an x pub with new addresses spinning up all the time when I need TI make a transaction.
Also some of those pub keys could also be lightning channels too, we could tell before taproot but now that’s been removed for privacy
Bitcoin continues to make itself harder to track which is why some charts in the future might show a regression versus other chains and peope will think it’s getting flipped lol 😂
As mentioned in the post the data is sourced out from here
https://www.blockchain.com/charts/my-wallet-n-users
I cant tell for sure, but if I must guess I'll say it the number of extended public key (xpub). I know what you mean, when I receive BTC on ledger it gives me different address each time.