Introduction:What is wallet analysis and how you can use it
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We explain what wallet analysis is and the purposes for which it can be applied
Fig. 1 – «Diagram of transactions involving various entities in a cryptocurrency network»
Wallet analysis is the process of studying how money moves between different addresses. This effective tool is used for: owner identification, holder asset assessment, market sentiment monitoring, trend tracking, market activity analysis, and security evaluation.
When investing in cryptocurrency, relying on wallet analysis is crucial as it helps make informed trading decisions.
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