Public blockchains open up transaction data that has historically been locked away from retail traders.

This allows traders to see what the competition is doing - in real time.

Our CEO @RealMiguelMorel spoke on how anyone can use blockchain-level data, with @Voxchain.
Traditionally, analysis of a specific asset was based on either company fundamentals or pricing data.

However, blockchain technology provides a new subset of information that could be useful in determining future flows or price movements:

Transaction level data.
Fundamental Analysis could be based upon data such as:

- balance sheet information
- cashflows of a company

and modified by premiums based upon:

- quality of executive team
- rates environment
- being part of a high-growth sector, such as fintech.
Alternatively - pricing data could also be used to predict future changes in value - aka #TechnicalAnalysis.

The concept of mean reversion is often used to identify price bands of support or resistance, and to bet against pricing anomalies.
Transactions being made on a public and open blockchain provides a new set of data, which can be used by traders to gain an advantage on the open market.

This data exists in tradfi as well, but is guarded by brokers, exchanges and regulators.

In #crypto it is very different.
Arkham provides the ability to see an entity's existing positions, and monitor when new positions are being taken.

Being able to identify flows to and from significant addresses and exchanges can also provide significant edge.
Transactions to and from project treasuries, insiders and VC's can be very important for traders to prevent getting dumped on unknowingly.

Token flows from market makers can provide insight into how liquidity is provisioned, and when price is at an inflection point.
Effectively monitoring Institutional and Retail flow can also be an important tool in a trader's arsenal.

Depending on the project, retail or institutional interest can often move price in ways unpredictable by chart patterns.

Staying informed is edge above all else.
Check out the rest of the talk here:

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Arkham | Crypto Intelligence

Arkham | Crypto Intelligence Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @ArkhamIntel

Nov 16
The FTX Accounts Drainer still holds over 74,000 BNB on the BSC Network.

In the past 2 hours, the attacker has bridged over 34,000 BNB equivalent back to the ETH network to their main account, while avoiding blacklisting.

Their method for transferring the BNB is as follows: Image
First, the attacker makes a swap on PancakeSwap - with modified input data such that the tokens are sent to a different address after the swap.

In this example, tokens are swapped for Binance pegged ETH, and the ETH is then sent to 0x961. Image
In a matter of minutes, the attacker then begins sending the ETH tokens through multichain in batches of 200-400 tokens.

The attacker also receives BSC-USD, the BSC-pegged USDT token, into this account. While it transacts on BSC, Tether is powerless to freeze this account. Image
Read 6 tweets
Nov 14
We are now 3 days deep into the attack on FTX.

So far, Paxos has blacklisted 4 addresses, and the attacker has repeatedly bridged to and from multiple different networks.

What will the FTX attacker do next?

An update on their current token balances and actions so far 👇 Image
The original address that tokens were sent to, 0x59, received and dumped a multitude of FTX's remaining token holdings.

The attacker appeared to be panicking, and lost a large amount of their token holdings to slippage.
They also tried using different DEX aggregators including 1inch, Cowswap and DODO exchange.

In order to prevent slippage, the attacker was forced to sell PAXG, LINK and MATIC in batches. Image
Read 10 tweets
Oct 11
We’ve built a tool that allows you to search, filter and sort anyone's crypto trades and transactions by value, token, time and counterparty.

This wasn’t possible before and opens up a wide range of insights.

Some examples of what we’ve discovered with it 👇
The largest transaction Alameda Research has ever made by USD value was just 1 week ago.

A transfer of $4 billion in $FTT (half of the total token supply) to FTX at the address used to mint the initial FTT supply.
The largest withdrawals from Celsius in the ten days before they were frozen 🧐
Read 7 tweets
Oct 7
The Bull Run is over. DeFi Summer a distant memory. And the NFT Bubble - popped 📉

Markets are down bad & Degens no longer have a #Crypto casino to play in.

Or so it seems..

With the American Football Season, & 2022 Fifa World Cup, traders may have a way to make it all back 🧵
While many US states refuse to legalize sports betting, fans turn to offshore gambling sites that accept Cryptocurrency.

Bovada is one of the most popular of these and has been accepting deposits on Ethereum since 2020.
NCAA football kicked off on Aug 27th, and the #NFL started slightly later on Sep 8th.

As football fanatics loaded their accounts from Aug 23rd to Sep 12th, @BovadaOfficial’s Ethereum wallet balance more than *tripled* from $8.5 million to $26.5 million. Image
Read 11 tweets
Oct 1
2022 has been a terrible year for almost all asset classes.

The US Dollar, however, has thrived.

On-chain data shows how Crypto market participants may have accidentally executed one of the greatest forex trades of this generation.

Read on to find out why 👇 Image
The US Dollar Index (DXY) represents the strength of the US Dollar relative to a basket of foreign currencies.

As shown in the chart above, the index recently reached a 20-year high.
While the US Dollar has pumped, many major foreign currencies have dumped.

Many people's bank accounts experienced a 20% or more depreciation against the USD, as shown in this chart widely circulated around Twitter. Image
Read 9 tweets
Sep 28
Some call him loveable rogue, others see him as fraudster.

@0xSifu launched @UwU_Lend, a Money Market protocol with $54.4 million in TVL.

Founder of the notorious QuadrigaCX, CFO of @Wonderland_fi until forced to resign & brains behind the $SIFU token, Sifu is prolific .. Image
We looked at @0xSifu's last 1000 transactions above $10000 to see what he’s personally been up to in #Crypto markets.

The graph below shows Sifu's counterparties in his ongoing activities across the space. Image
Using Arkham’s visualizer, anyone can seamlessly see the movement of value across Cryptocurrency networks

And explore how different entities in the Crypto market are connected in unusual and interesting ways.
Read 6 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(