#OnChainInsights

🚨🥶On-chain data is openly accessible through block explorers, and users can use this information to determine potential price movements. On-chain analysis also uses the data to predict trends and gauge market sentiment – it involves monitoring how funds move on the blockchain to detect potential transaction opportunities.

✅ On-chain analysis similary has become common practice in the financial industry. One common example is the monitoring of wallets of rich holders to understand their implication on market movements.

✅✅ On-chain analysis code is the examination of blockchain data to understand transaction patterns, asset movements, and network health. It provides unique insights into market movements, absent in traditional finance, providing participants with a different approach to research and due diligence.🫠