All data in this report was captured and analyzed by Huobi Research; please cite the source “Huobi Data Analytics Weekly” for reference.


Abstract

All data in this report was captured and analyzed by Huobi Research; please cite the source “Huobi Blockchain Big Data” for reference.

This Week:

1)   The number of active Bitcoin addresses increased 1.8%, transaction volume decreased 4.7%, and the number of transactions increased 1.4%.

2)   The concentration of wealth on Ethereum network has increased for eight consecutive weeks.

3)   Large transactions on the ETH network increased significantly to 104 transactions.

 

Ÿ   On-Blockchain Data

Ÿ   Social Media Data

BTC, EOS, ETH to be the top trending in China, while BTC, ETH, IOTA were the top Cryptocurrencies overseas; In the Events category, “Rebound”, “Bull market” and “Contract” were the hottest words in China, while “Wallet”, “Community” and “Bot” were the hottest words overseas; in the Exchange and KOL category, “Huobi”, “Xu Mingxing” and “Bianace” were the hottest in China, while “Coinbase”, “Binance” and “Bitmex” were the hottest overseas.

Among Github repositories, ETH, BTC and EOS were the top Cryptocurrencies projects that received the most stars and watchers in a week; BTC, ETH and EOS were the projects that received the most forks in a week; TRON, ETH and BTC were the projects with the most commits this week. Search interest for cryptocurrency- and blockchain-related words decreased on Baidu but increased on Google. The number of chats in EOS community telegram groups decreased slightly. The number of chats in EOS community telegram groups decreased, of which the community activity level of EOS China and EOS English both decreased.

Ÿ   Market Trading Data

In the cryptocurrency market this week, the price of Cryptocurrencies decreased. ETH receiving the largest decrease of 35.8% and Dash receiving the smallest decrease of 14.2% in their respective prices. BTC had the lowest volatility rate of 0.0026 s.d. Dsdh had the largest volatility rate of 0.0072 s.d. The Trading volume has received an decrease; Top 10 Cryptocurrencies had high correlations in their price movements this week, the exception was Dash.

Download the Full Report:Huobi Blockchain Big Data Weekly Insights Vol.14

Posted by Huobi Blog