Study Notes | On-Chain Data
① You can find out which block each unspent Bitcoin output (UTXO) was created in, making it possible to estimate how many coins have remained dormant for a long time.
② On-chain analytics platforms label some addresses, such as exchange hot wallets and addresses belonging to funds or project teams. These labels can also be wrong.
③ Don’t place large orders based on a single on-chain update. On-chain signals are just one point of reference.
$BTC 82692.01（-0.54%）
#BTC
Ideas can be wrong at any time. Manage your own risk.
① You can find out which block each unspent Bitcoin output (UTXO) was created in, making it possible to estimate how many coins have remained dormant for a long time.
② On-chain analytics platforms label some addresses, such as exchange hot wallets and addresses belonging to funds or project teams. These labels can also be wrong.
③ Don’t place large orders based on a single on-chain update. On-chain signals are just one point of reference.
$BTC 82692.01（-0.54%）
#BTC
Ideas can be wrong at any time. Manage your own risk.