Whale activity on the Bitcoin network makes up 50% of all transactions

2023-2-9 23:00

Definition

Entity-adjusted relative on-chain volume breakdown by the USD value of the transactions.

Quick Take Whale activity in terms of transactions now accounts for 50% of the Bitcoin network. Whale activity is defined by a transfer volume of $1M or more. During the FTX collapse, whale activity decreased to as low as 39%. During the FTX collapse, whale addresses increased drastically, with a 30-day change count of over 20 addresses. Transfer volume breakdown by size: (Source: Glassnode) Whale address count: (Source: Glassnode)

The post Whale activity on the Bitcoin network makes up 50% of all transactions appeared first on CryptoSlate.

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transactions all whale bitcoin network activity makes

Источник: cryptoslate.com

transactions all → Результатов: 126


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