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NEAR Whale Analysis

Feb 15, 2023 - Introduction A cryptocurrency whale is a term that refers to individuals or entities that hold large amounts of crypto. Whale movement is a simple signal that can have a huge effect on the price of a cryptocurrency depending on the size, magnitude, source, and destination of the transaction. Analyzing whale patterns is an on-chain analytics process that comes in handy within the blockchain industry. It allows users and investors to learn about the trends and behaviors incurred by prominent capital actors, The following document belongs to a series of reports that intend to analyze on-chain metrics, in this case, Whale Patterns. The report analyzes some of the most important DeFi dapps and intends to draw some patterns in the behaviors incurred by whales within this ecosystem. So we'll dive into the ocean of NEAR and look closely at the top 10 addresses by the amount of NEAR held. Our analysis will exclude any custodial or exchange addresses, allowing us to focus on individual "power players" and wallets of interest. Whether you're an investor, trader, or simply interested in the DeFi space, our NEAR Whale Analysis Dashboard is the perfect tool to stay informed and make informed decisions. Let's go to dive into the ocean of NEAR and discover the behaviors of its top players! Terms NEAR Whale Analysis Dashboard Terms: NEAR: A decentralized platform for building and running applications and services. Whales: Large holders of a specific cryptocurrency who can have a significant influence on the market. Top 10 Addresses: A list of the 10 addresses with the most significant amount of NEAR held, excluding custodial or exchange addresses. Power Players: Individuals or entities that have a significant influence on the market due to their extensive holdings of a specific cryptocurrency. Wallets of Interest: Addresses that exhibit unique behaviors or have a significant impact on the market and are worth paying closer attention to. Behaviors: The actions and movements of the top 10 NEAR addresses, including buying, selling, and transferring of funds. Excluding Custodial or Exchange Addresses: The analysis will only focus on individual addresses and exclude addresses owned by exchanges or custodial services.