All data in this report was captured and analyzed by Huobi Research; please cite the source “Huobi Blockchain Big Data” for reference.
1） The number of active Bitcoin addresses rebounds this week, ending a four-week decline. However, the number of new addresses drops by 2.4%, which is the lowest in the half year. The number of on-chain transfers has dropped significantly, and the number of transfers has increased slightly.
2） The number of active addresses in Ethereum increases sharply this week and ends a five-week decline. The amount of on-chain transfers has fallen sharply this week, and the concentration has increased. 3） The number of on-chain transactions has increased, and the number of new addresses has dropped significantly. DAPP activity has rebounded, and the amount of DAPP transactions has risen sharply.
3） The number of on-chain transactions has increased, and the number of new addresses has dropped significantly. DAPP activity has rebounded, and the amount of DAPP transactions has risen sharply
4） On-chain data：
Social media data：
In the field of digital currency, Bitcoin, EOS and Ethereum are the most popular in the country; BTC, DASH and XRP in foreign countries. In the field of hot events, the top three domestic hot topics are “bear market”, “rebound” and “contract”, and top three foreign topics are “Long”, “Wallet” and “Fiat”; in the exchange and currency circle KOL field, domestic Huobi, Bitfinex, BM occupy the most community attention, and the top three abroad are Coinbase, Binance, Satoshi. Among Github repositories, BTH, BTC and EOS were the top Cryptocurrencies projects that received the most stars in a week; DASH, EOS and IOTA were the projects that received the most watchers in a week; ADA, BTH and DASH were the projects with the most code commit submission this week.
Market Trading Data：
In the cryptocurrency market this week, the price of major cryptocurrencies all increased to varying degrees, with the largest growth of Stellar, and the smallest growth of BTC. The most obvious growth of transaction amount is ADA, the most obvious decline is TRON.
1.1 Active Bitcoin Addresses
The total number of Bitcoin active address was 3.58 million, 4% more than the number of last week, which ended the 4-week downward trend.
The number of new addresses created this week was 1.19 million, down 2.4% from 1.22 million last week, the lowest in the past six months.
1.2 Bitcoin Transaction
The transaction volume of the Bitcoin on-chain was 8.765 million BTC, a sharp drop of 15.1% from 10.32 million last week. The number of on-chain transactions was 17.7 million, up 2.5% from last week. The average amount of BTC per transaction decreased by 17.2% from last week to 4.95 BTC.
1.3 On-chain Bitcoin Transaction Fee
This week’s total transaction fee has dropped, from 241.6BTC last week to 168.9BTC. The average transaction fee per transaction was 0.0001 BTC, down 31.8% from last week.
1.4 Concentration of Wealth on Bitcoin
This week’s bitcoin address concentration has not changed much from last week. Top10 holdings decreased by 0.01 percentage points to 5.30%; Top10-100 addresses decreased 0.1 percentage points lower than last week; Top100-1000 addresses increased by 0.04 percentage points; remaining addresses increased by 0.07 percentage points to 64.59%
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Huobi Blockchain Big Data Weekly Insights Vol. 27