Vol 30: The Price Of Major Cryptocurrencies All Increased To Varying Degrees

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 new Bitcoin addresses decreased significantly for 2 consecutive weeks, and the number of new addresses created this week became the lowest in the past six months. The transaction volume and the number of transfers decreased in value to varying degrees.

2) The number of active addresses of Ethereum declined. The number and the amount of transfers decreased significantly.

3) The transactions of EOS drastically decreased. The number of new addresses created this week has declined nearly 50%.

4) On-chain Data:

Social media data:

In the field of digital currency, Bitcoin, Ethereum and EOS are the most popular in the country; BTC, ETH and XRP in foreign countries. In the field of hot events, the top three domestic hot topics are “bear market”, “bull market” and “forking”, and top three foreign topics are “SCAM”, “Wallet” and “Mining”; in the exchange and currency circle KOL field, domestic Huobi, Binance, Justin Sun occupy the most community attention, and the top three abroad are Coinbase, Satoshi, Binance.The top three cryptocurrencies winning most new likes on GitHub were ETH, BTC, and EOS in descending order in the previous week. BTC attracted the most fans, followed by ADA and IOTA. In terms of activity, ETH, IOTA, and ADA were the top three active projects with most new lines of code. 

Market Trading Data:

In the cryptocurrency market this week, the price of major cryptocurrencies all increased to varying degrees, with the largest growth of IOTA, and the largest drop of NEM. The most obvious growth of transaction amount is Maker, the most obvious decline is ETC.

Full Report 1. On-Blockchain Data

1.1 Active Bitcoin Addresses

The total number of Bitcoin active address was 3.50 million, 4.2% less than the number of last week, declined for two consecutive weeks.

The number of new addresses created this week was 1.10 million, down 6.4% from 1.17 million last week, declined for two consecutive weeks, became the lowest in the past six months.

1.2 Bitcoin Transaction


The transaction volume of the Bitcoin on-chain was 6.875 million BTC, a drop of 12.9% from 7.898 million last week. The number of on-chain transactions was 19.1 million, similar to last week. The average amount of BTC per transaction was 3.59 BTC, down 13.3% from last week.

1.3 On-chain Bitcoin Transaction Fee


This week’s total transaction fee has increased, from 167 BTC last week to
107 BTC. The average transaction fee per transaction was 0.00006 BTC, down 35.9% 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 kept percentage points to 5.29%; Top10-100 addresses decreased 0.06 percentage points lower than last week; Top1001000 addresses increased by 0.09 percentage points; remaining addresses decreased by 0.03 percentage points to 64.48%.

Read Full Report Here:Huobi Research Weekly 12/26 – 1/2