តើយ៉ាងម៉េច Bitcoin On-Chain Activity Reflecting The Price?

By Bitcoin ទស្សនាវដ្ដី - 2 ឆ្នាំមុន - ពេលវេលាអាន: 2 នាទី។

តើយ៉ាងម៉េច Bitcoin On-Chain Activity Reflecting The Price?

Typically, higher on-chain Bitcoin activity comes with a rising price and vice versa.

ខាង​ក្រោម​នេះ​គឺ​មក​ពី​ការ​បោះ​ពុម្ព​ផ្សាយ​ថ្មី​ៗ​នេះ​នៃ Deep Dive, Bitcoin ព្រឹត្តិប័ត្រព័ត៌មានទីផ្សារពិសេសរបស់ទស្សនាវដ្តី។ ដើម្បីក្លាយជាមនុស្សដំបូងគេដែលទទួលការយល់ដឹងទាំងនេះ និងបណ្តាញផ្សេងទៀត bitcoin ការវិភាគទីផ្សារត្រង់ទៅប្រអប់សំបុត្ររបស់អ្នក ជាវឥឡូវនេះ.

In today’s Daily Dive, we’re covering the latest state of on-chain activity across transactions, volume, active addresses and entities. Typically higher activity comes with a rising price and vice versa.

When it comes to analyzing overall transfer volume of the network denominated in BTC, change-adjusted volume is one that we’ll focus on. That’s different from both total transfer volume and entity-adjusted volume estimates, which don’t account for transaction change and filter out volume sent within the same entity. Currently, the network is settling around 593,000 bitcoin ក្នុងមួយថ្ងៃ។

Typically around all-time highs, there’s a rise in BTC-denominated volume. Here we can see the most recent rise over the last three years using a 90-day rolling sum of volume. The latest increase doesn’t show up as a spike in entity-adjusted transfer volume so most of the rise looks to be driven by internal transfers.

Generally, we would expect BTC-denominated transfer volume on-chain to fall over time with rising Lightning Network adoption and rising USD value. More total value can transfer on the network in lower BTC amounts. Currently the median change-adjusted transfer volume is $457.50.

In previous bull markets and at all-time highs, miners were making a much higher percentage of revenue from transaction fees. Now at the latest all-time highs, the percentage of transaction fee revenue remained below 2%.

Some activity indicators to track, which generally move together on the network, are active addresses, active entities and number of transactions. Acceleration in these metrics typically correlate with a rise in price. All were in an accelerating trend since July, peaking in November.

ប្រភពដើម: Bitcoin ទស្សនាវដ្តី