ChainsMap Weekly Report: Currency Price Upswing Benefits Big Exchanges, Binance’s Net Inflow Turned Positive, and Huobi’s Stable Net Inflow in Two Weeks
Beijing Lianan focuses on blockchain security and data services. The following is a weekly data report on the Bitcoin chain released last week based on Beijing Lianan's ChainsMap chain data monitoring system.
Judging from the data of the past week (12.21-12.27), the overall data on the chain has dropped significantly compared with the previous week. However, several on-chain data surged on Sunday as the price of Bitcoin suddenly kicked off a violent rally.
Transaction amount:
12.14-12.20：4350984.76 BTC
12.21-12.27：3937315.67 BTC
Decrease from the previous week: 9.51%
The detailed data chart is as follows:
We can see that most of the time this week the on-chain transaction volume was lower than last week, but suddenly rose on Sunday, reflecting the stimulating effect of currency prices on on-chain transactions. You must know that usually Sundays are the weekly on-chain transactions The worst day for trading.
Actual transaction amount:
12.14-12.20：4350984.76 BTC
12.21-12.27：3937315.67 BTC
Decrease from the previous week: 9.51%
The detailed data chart is as follows:
Number of transactions:
12.14-12.20：2262464 BTC
12.21-12.27：2087687 BTC
Decrease from the previous week: 7.73%
The detailed data chart is as follows:
Number of active addresses:
(Addresses that actively initiate transactions are considered active addresses)
12.14-12.20：4593549
12.21-12.27：4601065
Up from the previous week: 0.16%
The detailed data chart is as follows:
Number of large transfers:
(A single transaction initiated with an amount greater than 100 BTC is considered a large-value transfer)
12.14-12.20：9804
12.21-12.27：8680
Decrease from the previous week: 11.46%
The detailed data chart is as follows:
Binance exchange BTC flow data
Inflow:
12.14-12.20：104919.66
12.21-12.27：117596.87
Up from the previous week: 12.08%
The detailed data chart is as follows:
outflow:
12.14-12.20：110443.35
12.21-12.27：100892.55
Decrease from previous week: 8.65%
The detailed data chart is as follows:
Net inflow:
12.14-12.20：-5523.69
12.21-12.27：16704.32
Up from the previous week: 402.41%
The detailed data chart is as follows:
Judging from the data, the inflow and outflow of Bitcoin in Binance did not change much this week. It was also stimulated by the currency price on Sunday, which led to active transactions and a significant increase in deposits. At the same time, Bitcoin in Binance The outflow has decreased significantly, and the result is Binance’s net inflow of bitcoins. This week, it has turned from a negative number to a substantial net inflow of more than 16,000 bitcoins.
BTC Flow Data of Huobi Exchange
Inflow:
12.14-12.20：43766.93
12.21-12.27：46922.06
Up from the previous week: 7.21%
The detailed data chart is as follows:
outflow:
12.14-12.20：31221.48
12.21-12.27：37472.49
Up from the previous week: 20.02%
The detailed data chart is as follows:
Net inflow:
12.14-12.20：12545.45
12.21-12.27：9449.56
Decrease from the previous week: 24.68%
The detailed data chart is as follows:
In the past two weeks, Huobi has clearly shown a trend of getting out of the previous unfavorable situation, and it has been in a state of net inflow in the past two weeks. This week, although its outflow has increased compared with last week, from the perspective of net inflow, there has been a step-by-step steady rise this week. For Huobi, this may be the most gratifying sign.
Outflow distribution of the three major exchanges:
In the past week, what is the distribution of bitcoin transactions between exchanges? We also present here the ratio of outflows from the three major exchanges of Binance, Huobi, and OKEx to each exchange.
According to the outflow distribution chart, it can be seen that Coinbase has become the largest proportion of the three major outflow target exchanges, and Binance and Huobi are the second largest outflow target exchanges. The users of the two exchanges have recently shown a greater Coincidence and relatedness.
Note: The above ratio is calculated based on the distribution of the outflows of each exchange to the addresses of the identified subjects, excluding the addresses of unidentified subjects and independent addresses, that is, the actual proportion of the relevant subjects will be smaller in all the bitcoins outflowed by the exchanges Some.
