Professional 448
Open Trade
Occasional Trader
3.6 Months
1 Following
8 Followers
10 Liked
1 Shared
#OnchainInsider
On-chain insights refer to the analysis of data and metrics that are recorded on a blockchain, such as transaction volumes, wallet addresses, and smart contract interactions. Here are some key on-chain insights:
*Bitcoin On-Chain Insights*
1. *Increased Accumulation*: Bitcoin's accumulation trend score has risen to 72%, indicating increased buying pressure.
2. *Reduced Selling Pressure*: The selling pressure score has decreased to 28%, suggesting reduced selling activity.
3. *Growing Whale Population*: The number of Bitcoin whales (addresses holding 1,000+ BTC) has increased by 2.5% in the past month.
*Ethereum On-Chain Insights*
1. *Ethereum's Active Addresses*: The number of active Ethereum addresses has reached a 3-month high, indicating increased network activity.
2. *ETH 2.0 Deposit Contract*: The ETH 2.0 deposit contract has reached a total balance of 18.1 million ETH, worth approximately $45.6 billion.
3. *Gas Price Decrease*: Ethereum's average gas price has decreased by 35% in the past week, making transactions more affordable.
*Other On-Chain Insights*
1. *Solana's NFT Market Growth*: Solana's NFT market has seen significant growth, with a 25% increase in NFT sales volume in the past month.
2. *Cardano's Smart Contract Adoption*: Cardano's smart contract adoption has increased, with a 15% rise in the number of smart contracts deployed on the network in the past quarter.
On-chain insights refer to the analysis of data and metrics that are recorded on a blockchain, such as transaction volumes, wallet addresses, and smart contract interactions. Here are some key on-chain insights:
*Bitcoin On-Chain Insights*
1. *Increased Accumulation*: Bitcoin's accumulation trend score has risen to 72%, indicating increased buying pressure.
2. *Reduced Selling Pressure*: The selling pressure score has decreased to 28%, suggesting reduced selling activity.
3. *Growing Whale Population*: The number of Bitcoin whales (addresses holding 1,000+ BTC) has increased by 2.5% in the past month.
*Ethereum On-Chain Insights*
1. *Ethereum's Active Addresses*: The number of active Ethereum addresses has reached a 3-month high, indicating increased network activity.
2. *ETH 2.0 Deposit Contract*: The ETH 2.0 deposit contract has reached a total balance of 18.1 million ETH, worth approximately $45.6 billion.
3. *Gas Price Decrease*: Ethereum's average gas price has decreased by 35% in the past week, making transactions more affordable.
*Other On-Chain Insights*
1. *Solana's NFT Market Growth*: Solana's NFT market has seen significant growth, with a 25% increase in NFT sales volume in the past month.
2. *Cardano's Smart Contract Adoption*: Cardano's smart contract adoption has increased, with a 15% rise in the number of smart contracts deployed on the network in the past quarter.
Login to explore more contents