3 On-Chain Metrics Crypto Investors Use to Track Bitcoin Network Activity

Cointelegraph

Published Jun 11, 2020 07:10PM ET

Updated Jun 11, 2020 08:40PM ET

The public nature of blockchains continuously generates an endless stream of data, as every single transaction and address leaves a clear trace. This information, known as on-chain data, provides a way to precisely analyze cryptocurrency network activity.

Some on-chain indicators such as the number of active addresses, HODL wave, and hashrate have become well known in the industry, but the general public is really only scratching its surface.

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