Produced by Odaily
Editor | Hao Fangzhou
Produced by Odaily
Recently, the exchange traffic has increased significantly;
secondary title
Exchange Weekly Trends
On May 17, cryptocurrency analyst Ceteris Paribus tweeted that the number of ETH held by exchanges was "essentially at an all-time high," reaching about 18 million. Analysts speculate that this trend could be bearish for the price of ethereum, as it may indicate a stronger propensity for investors to sell cryptocurrencies.
On May 17th, analysis: the reduction in the number of bitcoins held by exchanges will reduce the possibility of a sharp sell-off.
On May 16, Blockchain.com Research Director: Binance’s entry into the mining pool will help the decentralization of the Asian mining pool market.
On May 15, Huobi Chain is expected to launch DEX after the main network starts stable operation.
On May 15th, OKEx will officially launch XMR and IOTA perpetual contracts at 15:00 on May 18th.
On May 15, Huobi Global released the HT Operation Monthly Report for April 2020. According to the monthly report, Huobi destroyed a total of 3,281,481 HT in April, with a burnt amount of about 12.448 million USDT and an average burning price of about 3.79 USDT.
On May 15, the cryptocurrency derivatives exchange FTX launched Bitcoin computing power futures.
On May 14th, data: After the halving, more than 200 million US dollars of BTC have been transferred from exchanges to personal wallets.
On May 12, Binance announced its investment in Tokocrypto, Indonesia's first compliant exchange.
secondary title
Exchange data statistics
image description
source:Alexa
According to Alexa statistics, the Binance website UV (unique visitors) this week was 2.048 million/day, up 128.5% from last week; meanwhile, PV (page views) was 11.877 million/day, up 141.0% from last week. As the leading exchange in the encryption world, Binance accounts for most of the market traffic, which shows that the overall market traffic has picked up recently.
source:
source:Dapptotal
According to Dapptotal data, the total number of active users of decentralized exchanges on May 18 was 7,150 (including more than 20 decentralized exchanges such as IDEX, Tokenlon, and Uniswap), compared to 5,350 active users on June 26, 2019 The peak value rose by 33.6%, and the number of active users rose slightly from last week.
Note: According to the statistics of Dapptotal combined with the historical price trend of BTC, it is found that the number of active users of DEX users is positively correlated with the price. In December 2017, the price of BTC reached a peak of 120,000 US dollars, and the number of users of Dex reached a peak of 9340; in April and May of 2018, the price of BTC rebounded again, and the number of active users of DEX also rebounded again; therefore, the number of users of DEX can be used as a judgment A reference indicator of market trends, but in the transaction volume and number of transactions counted by Dapptotal, the research institute found that its trend is not as highly correlated as the number of users and the price of BTC, so the number of users is intercepted as a reference indicator.
source:
source:Bakkt Volume Bot
secondary title
source:
source:tradingview
Among them, the green line is the price trend of BTC, the blue line is the price trend of BNB, and the orange line is the price trend of HT.
This week, the bitcoin price fluctuated upwards, and the trend of HT was slightly stronger than that of BNB.
source:
source:aicoin
analyst point of view
analyst point of view
source:
source:skew
Observing the traffic of DEX, centralized exchanges and compliant exchanges, it is found that the market has picked up significantly recently. For example, the number of DEX users has exceeded the previous high in 19 years; Binance’s website traffic has also doubled compared to last week; compliant transactions For example, the trading volume and open interest of Bakkt and CME have also increased significantly. Please pay close attention to the current market trend.
