Want to see a few steps ahead in crypto?
Then on-chain analytics is your friend!
What is this even about? 🤔
On-chain analytics is the analysis of all data from the blockchain:
• who is buying, who is selling
• where tokens are going
• how many coins are sleeping in wallets
• what 'whales' and smart wallets are doing
Everything is completely transparent — the blockchain doesn't lie!
How does it help us? 🧠
1. Exchange flows
🔁 Is a lot of BTC coming onto exchanges?
→ Preparing to sell = possible dump
⬅️ Is BTC being withdrawn from exchanges?
→ People are holding = bullish signal
2. Whale behavior
🐋 Large wallets are buying → signal for growth
🐋 Selling → the market might 'crash'
3. Profit and loss
📉 Are they massively taking losses?
→ Capitulation = possible bottom
📈 Is everyone taking profits?
→ We might be close to the peak
4. Network activity
💡 Is the number of active addresses increasing?
→ The market is coming alive!
📉 Are addresses quiet?
→ Interest is declining, possible downturn
Where can you see all this? 🔍
Here are some top tools:
• Glassnode
• CryptoQuant
• Arkham
• Nansen
• Dune
Many of them have free dashboards — perfect for getting started!
Conclusion 📌
On-chain analytics is not a 'fortune teller', but a very powerful tool.
Combine it with technical analysis + keep an eye on the news — and you'll have power!
#Onchain #Binance #BinanceSquareFamily
