Guys, this is something you really need to understand: on-chain data!
One person can own many addresses, and an exchange address may hold the assets of many users. The number of addresses does not equal the number of users.
A large transfer into an exchange could be for selling, or it could be used as margin for a contract, for a market maker to rebalance, or simply because the exchange is reorganizing its own wallets. It’s hard to draw conclusions from a single transaction.
The transfers involving $BTC and $ETH are publicly verifiable. $ARKM is the token of the on-chain analytics platform Arkham. Currently 65225.15.
Save this and take your time reading it.
Just chatting—this is not advice.
One person can own many addresses, and an exchange address may hold the assets of many users. The number of addresses does not equal the number of users.
A large transfer into an exchange could be for selling, or it could be used as margin for a contract, for a market maker to rebalance, or simply because the exchange is reorganizing its own wallets. It’s hard to draw conclusions from a single transaction.
The transfers involving $BTC and $ETH are publicly verifiable. $ARKM is the token of the on-chain analytics platform Arkham. Currently 65225.15.
Save this and take your time reading it.
Just chatting—this is not advice.