Estimated reading time: 6 minutes

Estimated reading time: 6 minutes

Bitcoin address mining and transaction tracking can help us monitor the dynamics of large households and institutions, make better transaction decisions, and help combat criminal activities such as hackers stealing coins, using cryptocurrencies for money laundering, and dark web transactions. The results of transaction tracking usually include a large amount of complex data, which is difficult for ordinary users to understand, let alone use. In response to this problem, Chain.info has recently developed a visual transaction mining and tracking product, which shows the causes and consequences of large transfers and capital flows of popular addresses in an easy-to-understand form. Although this product is still in the internal testing stage, we hope to show readers the power of the combination of address mining tracking and visualization technology through the following typical examples.

Illustration

In the transaction tracking visualization diagram, the color and size of node (ball) and line (line) represent different values. Because the values ​​vary widely from transaction to transaction, different colors and sizes represent the distribution of values ​​within a particular transaction.

Color: Indicates the number of transactions contained in the node or line, and the darker the color, the larger the number.

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transaction tracking

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37Xu...SKUs is the fourth richest address. This address received a huge transfer of 94,504 BTC on September 4, 2019, worth about US$1 billion at the time, which caused quite a stir in the currency circle.

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Chart source: Chain.info

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Chart source: Chain.info

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Chart source: Chain.info

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Chart source: Chain.info

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Chart source: Chain.info

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Chart source: Chain.info

Transfer between exchanges

It can be seen from the inflow and outflow chart of Huobi Exchange in the last month (12.9-1.9)

1. During the statistical period, Huobi Exchange had a total inflow of 46,315 BTC and a total outflow of 98,420 BTC. The overall net outflow was 52,105 BTC.

2. The main source and destination of Huobi’s funds are common addresses. The recharge value from common addresses is 33199 BTC, accounting for about 71% of the total inflow; and the withdrawal to common addresses is 44088 BTC, accounting for about 45% of the total outflow.

3. Among the capital exchanges between Huobi and other exchanges, the top three capital inflows are OKex (8187 BTC), Binance (3084 BTC), and Coinbase (975 BTC); the top three capital outflows are Binance (30727 BTC), OKex (8982 BTC), Coinbase (7584 BTC).

Chain.info will continue to optimize products, and strive to provide users with the most accurate and concise address transaction tracking and various visualization services. Interpretation of transactions on the chain from a perspective. Welcome your attention!