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A glance at the holdings and characteristics of 12 giant whale chain addresses including a16z Crypto
Written by: Cookies, RootData
Bitcoin reached a previous high of around $69,000 in March. The popularity of Bitcoin ETF products may be the biggest reason. Institutions have become increasingly important in the crypto market. How to formulate optimal trading strategies based on institutional trends, observing on-chain data may be a good way.
After DeFi Summer, on-chain infrastructure has developed rapidly, and on-chain activities have become more and more transparent. The holdings, transfers and other activities of whale addresses can have a greater impact on currency prices. Therefore, there is a lot of transaction value hidden in these whale on-chain activities.
Bitcoin reached a previous high of around $69,000 in March. The popularity of Bitcoin ETF products may be the biggest reason. Institutions have become increasingly important in the crypto market. How to formulate optimal trading strategies based on institutional trends, observing on-chain data may be a good way.
After DeFi Summer, on-chain infrastructure has developed rapidly, and on-chain activities have become more and more transparent. The holdings, transfers and other activities of whale addresses can have a greater impact on currency prices. Therefore, there is a lot of transaction value hidden in these whale on-chain activities.
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UNI
16.884
+0.79%
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