Vol.19: Huobi Blockchain Big Data Weekly Insights

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

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

Abstract

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

New Data Included: EOS DApp Activity, TRON Telegram Activity

This Week:

Total Bitcoin transaction volume increased by 31.8% from last week; there were overall 1.67 million transactions, increased by 1.4% from last week, the largest single-week increase in 6 months.
Total Ethereum transaction volume increased by 52.7%; number of transactions increased by 0.8% from last week.
There were significant changes in balance—both net-outflows—to Bitfinex’s Bitcoin and Ethereum cold wallets, totaling -26000 BTC and -21800 ETH.
Number of EOS transactions increased by 66.3% this week; gambling games were the most popular among all dApp categories, accounting for 87.7% of total transaction volume and 90.7% of total number of EOS transactions this week.
TRON English was the most active official cryptocurrency Telegram group this week, eyeing a 265% increase in its activity in two weeks.

Social Media Data：

BTC, USDT, Ethereum to be the top trending in China, while BTC, USDT, VeChain were the top Cryptocurrencies overseas; In the Events category, “Risk”, “America” and “Mining machine” were the hottest words in China, while “Scam” ,“FIAT” and “Bot” were the hottest words overseas; in the Exchange and KOL category, “Huobi”, “Binance” and “ZB” were the hottest in China, while “Coinbase”, “Binance”, and “Bifinex” were the hottest overseas.

Among Github repositories, BTC, ETH and EOS were the top Cryptocurrencies projects that received the most stars in a week; BTC, ETH and DASH were the projects that received the most watchers in a week; ETH, ADA and IOTA were the projects with the most code commit submission this week.

Market Trading Data：

In the cryptocurrency market this week, the price of Cryptocurrencies raised up less and down more. Tezos receiving the largest increase of 2.8% and IOTA receiving the largest decrease of 12.27% in their respective prices. In terms of trading volume, Tezos had the largest increase of 91%, Monero had the largest decrease of 87%; Top 10 Cryptocurrencies had high correlations in their price movements this week.

1. On-Blockchain Data
1.1 Active Bitcoin Addresses

This week, the number of active Bitcoin addresses increased by 0.2% to 3.57 million, reaching a two-month high.

There were 1.32 million new Bitcoin addresses created this week, incresed by 2.5% from last week’s 1.28 million.

1.2 Bitcoin Transactions

The overall transaction volume on Bitcoin network was 6.68 million BTC, increased by 31.8% from last week’s 5.07 million. There were overall 1.67 million transactions this week, increased by 1.4% compared to last week. The average trading volume per transaction increased by 29.9% to 4 BTC this week.