Data Analysis
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Dune API Now Available for Free to All Users: What You Need to Know
On April 25th, the blockchain data analysis platform Dune announced that the Dune API is open to all users and will provide more features for free users. Dune also modified the sub
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Sentio Partners with Arbitrum to Build Visual Data Dashboards for DApps
On April 9th, it was announced that Sentio, a cross chain information indexing platform, has supported the Arbitrum network and DApps for building visual data dashboards. Previousl
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Dune Analytics: Understanding the Prohibition of Forking on its Blockchain Data Analysis Platform
On March 22, Bernat Fages, product manager of Dune Analytics, said on social media that currently, the blockchain data analysis platform has prohibited users from forking other peo
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Significant Bitcoin Flow into Exchange Wallets in the Last Month
According to reports, data shows that 3360.3 BTCs have flowed into the exchange wallet in the past 24 hours, 19974.98 BTCs have flowed into the exchange wallet in the past 7 days, and 4359.12 BTCs have flowed into the exchange wallet in the past 30 days. As of the time of press release, the total balance of the exchange wallet was 1919929.45 BTCs. 19974.98 BTCs have flowed into the exchange wallet in the past 7 days Analysis based on this information:An exchange wallet is a digital storage system of cryptocurrency owned by exchanges. This wallet enables exchanges to carry out their operations, exchange activities, investments, and trade activities. The associated report states that the exchange wallet of an undisclosed exchange experienced an influx of 3,360.3 BTCs in the last 24 hours, 19974.98 BTCs in the last seven days, and 4359.12 BTCs in the last 30 days. These statistics reflect that massive transaction activities have been completed on the exchange platform….
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A Surge in Profitable Bitcoin Addresses Signals a Bright Future
According to reports, data shows that the number of profitable BTC addresses accounted for 71.779% in the past hour (7d MA), hitting an 11-month high. The number of profitable BTC addresses hit an 11-month high Analysis based on this information:The latest reports in the cryptocurrency world have shown an 11-month high in the number of profitable Bitcoin addresses. According to reliable sources, the data analysis shows that 71.779% of BTC addresses have experienced profitability in the past hour. This statistic showcases a significant increase that has not been observed for almost a year, thus signifying a positive outlook for the Bitcoin market. Bitcoin is one of the most renowned digital currencies globally, and it has continued to gain more popularity and acceptance over the years. However, it is widely known that the profitability of Bitcoin trading can be sporadic, with many observers expressing concerns over the cryptocurrency’s market volatility. Nonetheless, the latest data analysis indicating a surge in profitability among…
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Ordinals GAS Protocol Generates Over 100BTC in Cost Revenue from NFTs
According to reports, according to the latest data from Dune Analytics, the cost revenue of the Bitcoin NFT protocol Ordinals GAS has exceeded 100BTC, reaching 100.3498 BTC at the time of writing, equivalent to approximately US $2739562.87. As of now, the cumulative casting volume of Ordinals inscription NFTs has reached 534253. Bitcoin NFT Protocol Ordinals GAS Fee Revenue Breaks 100 BTC Analysis based on this information:The latest report from Dune Analytics has revealed that the Ordinals GAS protocol has generated more than 100BTC in cost revenue from the sale of its Non-Fungible Tokens (NFTs) on the Bitcoin network. The data shows that the cost revenue of the protocol has reached a value of 100.3498 BTC, which is roughly equivalent to over $2.7 million US dollars. The Ordinals GAS protocol is a decentralized platform that aims to simplify the creation and distribution of NFTs on the Bitcoin network. Its NFTs are called Ordinals Inscriptions and they are designed to be used…
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Relation Protocol: A Web3 Social Graph Protocol for Efficient Data Analysis
On March 15th, the Web3 social graph protocol, Relation, proposed the EIP-6239 semantic SBT specification general data model, detailing how Relation builds an innovative decentralized social graph protocol based on RDF (Resource Description Framework) – Relation Protocol, which provides a trusted, open, and interoperable infrastructure for social interaction and data sharing, and can efficiently process massive amounts of complex social data, Improve the efficiency of data analysis by nearly a thousand times, while reducing data friction. Relationship protocol proposes EIP-6239 semantic SBT specification general data model Analysis based on this information:On March 15th, the Web3 Social Graph Protocol, Relation, proposed a Semantic SBT specification general data model, which outlines an innovative decentralized social graph protocol based on RDF (Resource Description Framework). The proposed protocol, known as the Relation Protocol, intends to provide a trustworthy and open infrastructure for social interaction and data sharing. The Relation Protocol is expected to improve the efficiency of data analysis by nearly a thousand times…
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Fluctuations of Bitcoin Exchange Wallet Balances
According to the report, the data shows that the balance of the exchange wallet has flowed out of 592.88 BTCs in the past 24 hours, 14868.06 BTCs in the past 7…
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Exchange Wallet Flow Analysis: Steady Increase in Bitcoin Holdings
According to the report, the data shows that the balance of the exchange wallet flows into 2274.46 BTCs in the past 24 hours, 15091.52 BTCs in the past 7 days,…
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Ethereum Block Size Reaches Seven-Month High
According to reports, Glassnode data shows that the average block size of Ethereum (MA on the 7th) is 93188.790 bytes, reaching a seven-month high.
The…