JieData BTC We will show you how to use JieData to find those addresses that hold BTC. The logical is much important than the data tools. Currently, the on-chain transfer of BTC is the most complex and difficult for us to analyze.
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1) As we know, with the JieData function - Advanced filtering criteria, we can find those moving BTC (holding more than 100 days) on the chain. Let's thinking reversely. We can find those addresses holding coins which have a same characteristic.
Then, we can use the Advanced filtering criteria function to find those addresses that hold coins.
2) Please check the chart below, to find those BTC that flowed at the peak, we set the first transaction time at March 14th, 2020 — April 14th, 2020.
Meanwhile, we set the filter time at November 9th, 2021 — November 10th, 2021 to find those BTC addresses that outflowed at the bottom. Then, we can find that a lot of addresses holding 100-300 coins.
3) The following chart filters the bitcoin addresses that were flowed into at a low price from March 14, 2020 - April 14, 2020 and flowed out at a high price from April 9, 2021 - May 9, 20201.
We find 4 addresses with large transfers, and after analyzing the transfer in from these 4 addresses, we observe a feature of the 1st transaction from these 4 addresses, all of them are very small transfers.
4) We use advanced filtering to find out the addresses that have recently hold bitcoins by using the 2 features above. The first feature is to filter the addresses that holding coins from September 26-October 26, 2022,
where the 1st transaction happened from June 19-October 1, 2022, and where only inflowed and never outflowed. The total number of coins that meet this condition is 36,236.
The 2nd feature is that the 1st transaction of the address was between June 19 - October 1, 2022, and was small and multiple transfers in, but never transfers out. So we find a holding address and click on the link to monitor this address.
5) If this is the bottom of the bear market, then we can consider a question. When these addresses that are now hoarding bitcoins suddenly transfer out at a very high price, will the market even get worse?
Whales may also be hoarding coins at the wrong time, and we most care is that most whales hold at the lows price and sell at the high price.This post is based on this twitter thread.