Trading Notes | On-Chain Data
① You can trace every Bitcoin unspent transaction output (UTXO) to the block in which it was created, so it’s possible to estimate how many coins have remained untouched for a long time.
② One person can own many addresses, and an exchange address may hold assets belonging to many users, so the number of addresses is not the same as the number of users.
③ Don’t make large trades based on a single on-chain update. On-chain signals are just one of several clues to consider.
$BTC 81574.01（-0.48%）
① You can trace every Bitcoin unspent transaction output (UTXO) to the block in which it was created, so it’s possible to estimate how many coins have remained untouched for a long time.
② One person can own many addresses, and an exchange address may hold assets belonging to many users, so the number of addresses is not the same as the number of users.
③ Don’t make large trades based on a single on-chain update. On-chain signals are just one of several clues to consider.
$BTC 81574.01（-0.48%）