A few things to keep in mind about on-chain data:
1) Exchange net inflows are the amount of coins transferred into exchange addresses over a period of time, minus the amount transferred out. They’re commonly used to gauge potential selling pressure.
2) You can find out which block each unspent Bitcoin output (UTXO) was created in, so it’s possible to estimate how many coins haven’t moved for a long time.
3) Don’t make big moves based on a single on-chain data point. On-chain signals are just one clue to consider.
Transfers involving $BTC and $ETH are publicly viewable, and $ARKM is a token from the on-chain intelligence platform Arkham.
#BTC
Be mindful of the risks and make your own decisions.
1) Exchange net inflows are the amount of coins transferred into exchange addresses over a period of time, minus the amount transferred out. They’re commonly used to gauge potential selling pressure.
2) You can find out which block each unspent Bitcoin output (UTXO) was created in, so it’s possible to estimate how many coins haven’t moved for a long time.
3) Don’t make big moves based on a single on-chain data point. On-chain signals are just one clue to consider.
Transfers involving $BTC and $ETH are publicly viewable, and $ARKM is a token from the on-chain intelligence platform Arkham.
#BTC
Be mindful of the risks and make your own decisions.
