ERA OF ON-CHAIN ANALYSIS (ARKHAMINTEL)

On-chain analysis considers verified and recorded data on the blockchain to predict trends and gauge market sentiment.

In other words, on-chain research involves monitoring how funds move on the blockchain to detect potential investment opportunities.

ArkhamIntel for example, simplifies on-chain analysis through its product delivery. You don't need to be an expert in data analysis to use the platform. This is one of the major reasons the team built it's platform so that anyone; anybody can do sophisticated on-chain analysis with ease.

On-chain analysis is different from tools copied from TradFi like technical analysis because it is unique to crypto. Hence, the visibility of transaction data makes blockchain markets uniquie. In essence, on-chain analysis leverages on this feature.

Few Ways to Analyze On-Chain Data include : Active addresses

Transaction volume

Supply distribution and

Total Value locked.

The primary on-chain indicators for market action include:

Realized profits & losses

Supply in profit or loss, and

Realized capitalization.

These give anyone an edge to gain in a market.

My regards to all the profitable traders using these tips daily on ARKHAMINTEL PLATFORM. 🫡

#dyor #opbnb #ETH #crypto2023 #DeFiChallenge

Reference

ArkhamIntel

Coingecko