Quotes and Market Sentiment
Estimated reading time: 3 minutes
Quotes and Market Sentiment
image description
Source: Chain.inf
Source: alternative.me
market sentiment
Source: alternative.me
large transfer
large transfer
Source: chain.info
Source: chain.info
This week, Bittrex has carried out several wallet reorganizations of more than 50,000 BTC. We have removed such interference items that seriously affect the judgment in the statistics of on-chain transfers. Since this round of BTC has not kept up with the rise of leading currencies, the activity on the BTC chain has not changed much. This week, the amount of large-value transfers above 50 BTC increased by 3% compared to last week, and the number of transfers increased more significantly, with a 17% increase. The amount of transfers is still lower than the ten-week average, but the number of transfers has significantly surpassed.
1,Source: chain.info
Source: chain.info
Exchange balance and inflow and outflow
Exchange balance and inflow and outflow
image description
Source: chain.inf
Source: chain.info
Source: chain.info
Blockchain network data
Blockchain network data
Source: chain.info
Source: chain.info
Bitcoin computing power hit a new high this week. With the latest difficulty adjustment, it was announced that the computing power of the entire Bitcoin network has stabilized at 110EH and is heading towards 120EH. The frenzy of miners is likely to further push up the price of BTC.
Source: chain.info
Source: chain.info
Disclaimer: The opinions involved in this report are based on comprehensive research and judgment based on data analysis. They are only for reference and not as investment basis. Risky investment in currency speculation requires caution.
Disclaimer: The opinions involved in this report are based on comprehensive research and judgment based on data analysis. They are only for reference and not as investment basis. Risky investment in currency speculation requires caution.
IOS
Android