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Nansen’s Bitcoin Analytics Reveal 42% Transactions Increase

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The BLOCKCHAIN ​​NANSEN analysis platform has announced the launch of Bitcoin (BTC) analyzes on the series to bring in real time in real time in the leading encrypted currency, allowing users to track key standards on the chain on the platform.

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Nansen brings actual time analyzes to the Bitcoin series

On Thursday, Nanson foot Bitcoin growth dashboard to provide a detailed vision for the leading market movements in the encryption market and processing the lack of easy -to -use tools for in -depth analysis in the market.

Analytics noticed that the Bitcoin network at the same Blockchains level was difficult because most tools use “signs of old addresses, fragmented data, or require advanced technical skills to extract the visions of the meaning.”

As a result, new Bitcoin analyzes on the series aim to bring “the same depth of data on which Nansen users relied on ETAREUM and other Blockchains to Bitcoin” by enabling merchants, institutions and analysts to monitor active addresses, transactions, and main entities that interact on the network.

Alex Svanevik, CEO of Nansen, shared his enthusiasm for Bitcoin analyzes, explaining that users can use the articles of association to monitor the detailed BTC standards on the series:

Bitcoin is the most important asset in Crypto, and we are happy to bring Nansen analyzes in the industry to BTC. Through our basic system, users can now track the main onchain standards from Bitcoin with the same level and accuracy they expect from Nansen.

Collecting new data for users will allow the vision of stock exchanges and entities that move the largest number of BTC to process “guessing” about whether the transactions mutations are retail or based on or re -exchanged institutions.

Users can also monitor BTC liquidity and transform the actual time supply to determine decisive trends before they reach the broader market. In addition, they can track Crypto Market feelings with address activity data, providing users with a “new way to measure Bitcoin's accreditation and investor morale.”

BTC transactions see 42 % of the daily increase

New Bitcoin's new Bitcoin analyzes revealed the dominance of exchange and transformations in the network activity. According to the analysis platform, the largest active entities in Bitcoin include some of the largest encryption exchanges in the world.

Data shows that Binance, Bybit, OKX, Robinhood and Kucoin are among the 5 best active exchanges in BTC. Binance dominates the menu by 40.68 % of the tracked BTC transaction activity, followed by 23.36 % of bybit and 18.88 % of OKX.

Meanwhile, Robinhood still appears as a head goalkeeper in Bitcoin with his 8.72 % share, indicated by Nansen. He also pointed out that the direction of the network shows a significant rise in transactions between April and June 2024, which is likely to be fueled by institutional moves, major market events, and minile behavior changes.

Within the past 24 hours, the number of active Bitcoin headlines decreased by 16.82 % to about 462,390, indicating the slowdown in the network activity. The number of active headlines has been hovering between 335,000 and 668,000 since September, exceeding the sign of 600,000 several times since the United States elections in November.

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However, BTC transactions increased by 42.33 % over the past day, increasing to about 453,600, which indicate demand for mass area.

Finally, the analysis platform on the series also revealed that it will provide a distinctive symbol mode to God and Nansen Profiler to BTC in the coming weeks to provide “deeper visions in portfolio behaviors, transactions flows and market trends.”

Bitcoin performance in the graph for one week. Source: btcusdt on Tradingvief

Distinctive photo of Unsplash.com, Chart from Tradingview.com

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