Ethereum Whale Moves Millions to Layer 2, Signaling Potential Capital Shift

On-chain Analysis Tools:

Dune Analytics: Provides on-chain data and visualizations for Ethereum and other blockchains.

Nansen:

Tracks the activity of whales and other large investors on Ethereum and other blockchains.

Glassnode:

Provides on-chain data and insights for Bitcoin and other cryptocurrencies.
Trading Strategies: By tracking whale movements and other on-chain data, investors can gain valuable insights into market sentiment and make more informed trading decisions.

#L2s #Whalesmanipulate #capitalflight #onchainanalysis #trading

🔍 The Data Nerd, an on-chain crypto analyst, points out a notable transaction: An address that received 18 million BETA (worth $4.81 million) from the Beta Finance team a year ago has recently deposited an additional 4 million BETA, valued at $251,000, over the past two days. 📈 #cryptotransactions #betafinance #onchainanalysis

Cryptocurrency on-chain analysis platform Santiment reveals on Twitter that 15,870 Bitcoin addresses hold 100 or more BTC, accounting for a total of 11.5 million BTC or 59.2% of the supply. Over the past 12 weeks, holdings at these addresses have increased by 27,755 BTC. This data offers a glimpse into the concentration of wealth within the Bitcoin network and may influence market dynamics. Stay informed, and watch the whales!

#santiment #bitcoin #cryptowhales #onchainanalysis #btcstatistics