BTC on-chain data weekly report: the scene is bleak, at the end of the year, the on-chain data is falling, saying goodbye to 2019

In the past week (12.23-12.29) , according to the data on the main chain, compared with the previous week (12.16-12.22), the data has dropped significantly. The bitcoin network at the end of the year showed a more bleak picture.

Transaction amount:

12.16-12.22: 7023721.32 BTC

12.23-12.29: 5262241.6 BTC

Decrease from the previous week: 25.08%

The detailed data chart is as follows:

Actual transaction amount:

12.16-12.22: 4400151.17 BTC

12.23-12.29: 3264223.63 BTC

Decrease from the previous week: 25.82%

The detailed data chart is as follows:

Number of transactions:

12.16-12.22: 2196036

12.23-12.29: 2041880

Decrease from the previous week: 7.02%

The detailed data chart is as follows:

 

Number of active addresses:

(The address that initiated the transaction is considered the active address)

12.16-12.22: 3393567

12.23-12.29: 2907072

Decrease from the previous week: 14.72%

The detailed data chart is as follows:

Large transfers:

(Single transaction initiated amount greater than 100BTC is considered a large transfer)

12.16-12.22: 8932

12.23-12.29: 6558

Decrease from the previous week: 26.58%

The detailed data chart is as follows:

 

Binance exchange BTC flow data

 

Inflow:

12.16-12.22: 54947.87

12.23-12.29: 41595.5

Decrease from the previous week: 24.30%

The detailed data chart is as follows:

Outflow:
12.16-12.22: 58933.76

12.23-12.29: 40978.06

Decrease from the previous week: 30.47%

The detailed data chart is as follows:

Net inflow:

12.16-12.22: -3985.89

12.23-12.29: 617.44

Increase from the previous week: 115.49%

The detailed data chart is as follows:

The decline in data on the Binance Exchange's Bitcoin inflow and outflow can be described as the microcosm of the data on the Bitcoin chain last week and even the entire market's sluggish activity. However, Binance finally changed last week's net bitcoin outflow situation last week and switched to net inflow, although the absolute amount was not large.

Bitcoin's 2019 is about to pass. Judging from the ups and downs of the data on the chain, there are peaks, underestimates, and bizarre ones. Observation and interpretation of these data has also become a topic of increasing concern in the industry. What do you focus on them? What are you trying to understand? Discuss with us and let us see the opportunities ahead in 2020!

 

Security and data highlights:

Upbit stolen ETH transfer frequency increased, some black addresses collected and transferred 45,000 ETH in 6 days

The Beijing Chainan Chainsmap monitoring system found that the recent transfer frequency of stolen ETH on the Upbit exchange is increasing, and there are multiple splits in the middle, and the strategy is to re-integrate to a certain address and then split. In this process, we also found that multiple addresses were created earlier, but previously infrequently traded to participate in it. For example, an address starting with 0x84f4 was created in April 2018. It has not been traded for 400 days before, but was re-started last week. It has become an important gathering place for Upbit's stolen black ETH in the near future, and nearly 45,000 ETH have flowed into it in less than 6 days.

On the other hand, the money laundering methods of related funds have become more diverse. Recently, even the strategy of using airdrop contracts for transfers has appeared. According to data analyst SXWK, Upbit has been stolen since the incident, and the number of exchanges through which money laundering has flowed through. There are many, and there are many currencies switched in the middle. The whole process is the behavior of the original attacker, or some of the black digital currency has changed the ownership right. It needs further observation and analysis.