🧭 Blockchain Industry | On-chain Data
· Definition: Transaction records on public blockchains are visible to everyone. A blockchain explorer lets you check the balance and transfer history of any address.
· Why it matters: The same metric can mean different things under different market conditions. Comparing several metrics and cross-checking them against price and trading volume is more reliable than focusing on just one.
· Caution: Don’t make large trades based on a single on-chain message. On-chain signals are just one reference point.
$BTC 80389.93（-3.06%）
#BTC
Personal notes only. Make your own decisions about buying and selling.
· Definition: Transaction records on public blockchains are visible to everyone. A blockchain explorer lets you check the balance and transfer history of any address.
· Why it matters: The same metric can mean different things under different market conditions. Comparing several metrics and cross-checking them against price and trading volume is more reliable than focusing on just one.
· Caution: Don’t make large trades based on a single on-chain message. On-chain signals are just one reference point.
$BTC 80389.93（-3.06%）
#BTC
Personal notes only. Make your own decisions about buying and selling.