#WalletActivityInsights #WalletActivityInsights
Monitoring the activities of large wallets (whales) is crucial for understanding market movements. When wallet transactions suddenly spike, it may indicate that whales are ready to sell or buy massive amounts of assets, leading to sharp price fluctuations. On-Chain Analysis helps uncover these movements before their impact is reflected in the market. Therefore, it is essential to integrate data analysis with trading strategies to avoid falling into traps set by major players. Do you think these analyses are sufficient to predict trends, or are there other more influential factors? Let's discuss!