#onchaininsights **🚀 On-Chain Insights: What does blockchain tell us about cryptocurrencies? 💡**

Blockchain is not just a technology, it is an **open book**. Every transaction, every movement of funds, and every smart contract leaves traces in this immutable record. Today, we explore **"on-chain insights"**: the data that allows us to read between the lines the pulse of the crypto market. 🌐

✅ **What are on-chain insights?**

They are analyses based on public blockchain data:

- 📊 **Flow of funds**: Where is the money moving? (Ex: large transfers to exchanges can indicate massive sales).

- 🐋 **Whale activity**: Monitor institutional wallets or key investors.

- 🔐 **Holders vs. Traders**: Percentage of tokens held by long-term hodlers vs. speculators.

- ⚡ **Network health**: Hashrate in Bitcoin, staking in Ethereum, transaction congestion.

💥 **Why are they key?**

- **Radical transparency**: Unlike traditional markets, there is no "black box" here.

- **Early trends**: Detecting token accumulation by whales before a price pump.

- **Security**: A drop in Bitcoin's hashrate could alert to risks in the network.

📈 **Recent examples**:

- The increase in active addresses on Ethereum is often correlated with increases in ETH.

- The silent accumulation of Bitcoin by institutional ETFs in 2024.

- The massive "burning" of tokens in projects such as Shiba Inu, visible in smart contracts.

🛠️ **Tools to explore**:

- **Glassnode** (advanced metrics).

- **Etherscan** / **BscScan** (transaction tracking).

- **Nansen** (ballera tracking and *smart money*).