#OnChainInsghts
$BTC $ETH On-Chain Insights: Key Blockchain Trends
By Crypto Godara | Feb 21 | Bullish
#OnChainInsights
On-chain insights analyze blockchain data such as transaction volumes, wallet activities, and smart contract interactions. Here are some key findings:
Bitcoin On-Chain Insights
Rising Accumulation: Bitcoin's accumulation trend score has climbed to 72%, signaling strong buying interest.
Lower Selling Pressure: Selling activity has dropped, with the selling pressure score now at 28%.
Whale Growth: The number of Bitcoin whales (wallets holding 1,000+ BTC) has risen by 2.5% over the past month.
Ethereum On-Chain Insights
Surge in Active Addresses: Ethereum's active wallet addresses have hit a 3-month high, reflecting increased network engagement.