🔥Transaction Volume USD: A Deep Dive into Crypto Activity 💰📊
The Transaction Volume USD graph offers a clear picture of the total volume of a cryptocurrency transferred in USD over a specific period. This value is calculated by multiplying the transacted amount by the cryptocurrency’s price at the time of confirmation.
🔍 What Makes This Metric Important?
Excludes Self-Change: Transactions that send change back to the originating address are excluded for accuracy.High Transaction Volumes: These may signal increased market activity driven by:Growing popularity of the cryptocurrency.Whale Activity: Large transactions by influential holders.Major events such as airdrops, panic selling, or FOMO (Fear of Missing Out) moments.
💡 Whether you're tracking whale movements, monitoring market sentiment, or analyzing event-driven trends, this graph provides essential insights to help you stay ahead in the crypto space.
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