Bitcoin price rushes 10,000, why is the peak of the on-chain data week two days ahead?
In the past week (02.03-02.09), Bitcoin opened a wave of market and broke through the $ 10,000 mark again, but from the data on the main chain, the data did not significantly differ from the previous week (01.27-02.02) increase. However, in terms of head exchanges such as Binance, the relevant data has improved significantly last week, and it has recorded the largest weekly net inflow of bitcoin in recent weeks.
Transaction amount:
01.27-02.02: 7595891.07BTC
02.03-02.09: 8046678.98BTC
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Increase from the previous week: 5.93%
The detailed data chart is as follows:
Actual transaction amount:
01.27-02.02: 4455463.67 BTC
02.03-02.09: 4853020.84 BTC
Increase from the previous week: 6.76%
The detailed data chart is as follows:
Number of transactions:
01.27-02.02: 2212436
02.03-02.09: 2294637
Increase from the previous week: 3.72%
The detailed data chart is as follows:
Number of active addresses:
(The address that initiated the transaction is considered the active address)
01.27-02.02: 3504651
02.03-02.09: 3640989
Increase from the previous week: 3.89%
The detailed data chart is as follows:
Large transfers:
(Single transaction initiated amount greater than 100BTC is considered a large amount transfer)
01.27-02.02: 9324
02.03-02.09: 9030
Decrease from the previous week: 3.15%
The detailed data chart is as follows:
Binance exchange BTC flow data
Inflow:
01.27-02.02: 41296.01
02.03-02.09: 56278.40
Increase from the previous week: 36.28%
The detailed data chart is as follows:
Outflow:
01.27-02.02: 41040.07
02.03-02.09: 50957.50
Increase from the previous week: 24.17%
The detailed data chart is as follows:
Net inflow:
01.27-02.02: 225.94
02.03-02.09: 5422.90
Increase from the previous week: 2018.04%
The detailed data chart is as follows:
It can be found that no matter from the data on the overall chain or the data of Binance Exchange, the high point of this week is not in the period of Bitcoin's rush, but on Thursday and Friday, whether the relevant data is related. Market players need to further interpret and analyze.
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