All data in this report is captured and analyzed by Huobi Research; please cite the source “Huobi Blockchain Big Data Weekly Insights” for reference.

New Data Included: ETH DApp Activity

This Week:

This week, the number of active Bitcoin addresses increased by 1.7% to 3.63 million, reaching a two-month high. The number of active addresses in Ethereum has increased by 4.8% from 1.12 million to 1.17 million. Concentration of wealth decreased for both BTC and ETH; top 1000 BTC accounts held 0.08% less BTC than that of last week, and top 1000 ETH accounts held 1.05% less ETH than that of last week. Total weekly transaction volume and number of transactions on EOS network had exceeded that of ETH; however, compared to EOS dApps which were mostly dominated by gambling apps, there were more varieties to ETH dApps (including but not limited to exchanges, games, and gambling). TRON English was the most active cryptocurrency Telegram group this week.

Social Media Data:

BTC, Ethereum, USDT to be the top trending in China, while BTC, VeChain, USDT were the top Cryptocurrencies overseas; In the Events category, “Risk”, “Computing power” and “Government” were the hottest words in China, while “BOT Robot”, “Wallet” and “Technology” were the hottest words overseas; in the Exchange and KOL category, “Huobi”, “Binance” and “ZB” were the hottest in China, while “Coinbase”, “Binance”, and “Bifinex” were the hottest overseas.

Among Github repositories, ETH, BTC and EOS were the top Cryptocurrencies projects that received the most stars in a week; ETH, ADA and TRX were the projects that received the most watchers in a week; TRX, IOTA and EHT were the projects with the most code commit submission this week.

Market Trading Data:

In the cryptocurrency market this week, the price of Cryptocurrencies raised up less and down more. The trading volume decreased dramatically. The Cryptocurrency price correlations is relatively low this week, Cryptocurrencies price move in the different directions.

1. On-Blockchain Data

1.1 Active Bitcoin Addresses

This week, the number of active Bitcoin addresses increased by 1.7% to 3.63 million, reaching a two-month high.

Active Bitcoin Address (in millions)

There were 1.35 million new Bitcoin addresses created this week, increased by 2.8% from last week’s 1.32 million.

New BTC Addresses

1.2 Bitcoin Transactions

The overall transaction volume on Bitcoin network was 5.95 million BTC, decreased by 10.9% from last week’s 6.68 million. There were overall 1.72 million transactions this week, increased by 2.6% compared to last week. The average trading volume per transaction decreased by 13.2% to 3.47 BTC this week.