Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr Profile picture
Mar 24 โ€ข 3 tweets โ€ข 3 min read โ€ข Twitter logo Read on Twitter
1/2 ๐Ÿงต: Daily Bitcoin Transfer Volume (BTC)
On March 18, 2023, a record low BTC transfer volume was registered in the network. On this day, 785,418.49 BTC were transferred at an average price of 27,405.11 USD per 1 BTC. #Bitcoin #analysis Image
2/2 ๐Ÿงต: Comparison with March 23, 2023
On March 23, 2023, the BTC transfer volume increased to 1,052,635.80 BTC at an average price of 27,350.73 USD per 1 BTC. The total transfer volume amounted to 28,790,354,237.03 USD. #Bitcoin #trends
The blue vertical lines indicate days when the BTC transaction volume on the network was less than 800K. #Crypto #Blockchain #Analytics I hope those days are over. ๐Ÿคž Image

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More from @AxelAdlerJr

Mar 27
๐Ÿงต 1/4 UTXO Age-Based Investor Engagement refers to how actively different investor groups interact with the market, including fund movements within the network, sending to or withdrawing from exchanges. Data is displayed from Jan 1, 2023 to today.

#Crypto #Investing Image
๐Ÿงต 2/4 Current investor activity since the start of the year:

Short-term investors (UTXO age 0-1 month) = 76.19%
Mid-term investors (UTXO age 1 month-1 year) = 10.88%
Long-term investors (UTXO age >1 year) = 12.92%

#CryptoMarket #Trading Image
๐Ÿงต 3/4 Short-term investors (76%) are the most active in the market, indicating that a significant portion of trading is speculative, aiming for quick profits. This activity can increase market volatility and create short-term price fluctuations.

#SpeculativeTrading #Volatility
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