Beijing Link in July data analysis: currency price breakthrough, three trading platform data collective rise

"ChainsMap data scanned in July: Currency Prices Break through, Data from three Major Corporations Rise En masse, OKEx Wins Most money"

Original author: Beijing Chain an

For the month of July as a whole, there was a significant increase in activity associated with the linked data when the price of Bitcoin rose to $10,000.

Trading activity is an important index in the chain of big deals increased, while many of these big deals essentially trading platform for the user in operating currency trading the collection of batch operations, so next, we will from currency and the fire, Ann OKEx such details, the head of the trading platform data to try to capture the three giant trading platform of July chain data reflect some of the details.

From the whole July, that is, from July 1 to July 31, the currency and Security trading platform had an inflow of 391364.96BTC, an outflow of 376306.89BTC, and a net inflow of 15058.07BTC. Compared with the net inflow of -3697.63BTC in June 2020, the net outflow turned into a net inflow, with an overall increase of 507.24%.

From the dollar in July 2020, the currency inflows and currency by contrast, in the currency prices began to sprint rising currency AnDouYou sharp currency inflows and outflows, was wandering in the final phase of the currency price money, COINS, reflects the overall net inflows of currency situation, in July for the whole net positive laid the foundation.

According to July data, bitcoin inflows on the bitcoin exchange rose 29.69 percent from June, outflows were up 23.19 percent from June, and net inflows rose 507.24 percent from June. It can be said that the rise in The price of Bitcoin in July has promoted the data on the security chain of bitcoin in all aspects.

From 2020 in June and July for two months of currency inflows and price comparison, we can find again, two large currency in June after the net outflow, until July, this month's currency trading platforms have overall present a relatively stable state of net inflows, ready for the market after prices.

Let's take a look at another huocoin platform. In July 2020, huocoin trading platform entered 227004.23BTC, up 15.32% from the previous month. At the same time outflow 233571.82BTC, up 16.75% over the previous month; Monthly net inflow was -6567.60BTC, 103.72% lower than the previous month. On the whole, the data of Huobi also showed a big rise, but it is still in the state of monthly net outflow.

From the comparison of the net inflow and price of bitcoin in June and July of 2020, there was also a period of net inflow of bitcoin from early June to early July, when bitcoin fluctuated below $10,000 usd. However, from the eve of the bitcoin price breakout to the breakout period, huobi's Bitcoin showed a net outflow trend on the whole.

Consider OKEx, which saw 115,408.60 BTC inflows in July 2020, up 21.63% from the previous month. At the same time, the outflow of 94945.56BTC decreased by 6.72% compared with last month. Monthly net inflow of 20463.04BTC is 396.88% higher than that of the previous month, and all the data on the chain have increased significantly. Especially, OKEx ranked first in the net inflow of Bitcoin in July by HBO, which is a rare situation and a bright spot of The Data in July.

From 2020 in June and July for two months of OKEx currency inflows and price comparison, we found that most of the time nearly two months OKEx in a state of net inflows and outflows appear alternately, but in the currency price breakthrough stage centralized currency inflows into large, so that the net in the July data is very eye-catching.

Next, let's take a look at the composition of the inflow currency, Huobi and OKEx trading platforms in July. After our analysis, we list the identifiable data of the top 20 trading platforms.

On the whole, the inflow of Bitcoins into Binance is mainly from Huobi, OKEx and Bitmex.

Huobi's inflow of bitcoin mainly comes from OKEx, Binance, Kraken and Coinbase.

The top three sources of bitcoin flowing into OKEx are Huobi, Binance and Coinbase.

Through the pie chart, we can have a more intuitive understanding of where the three major bitcoin came from in July

Here, we take a closer look at how bitcoin flows across HBO's three platforms.

Bitmex, Coinbase and Bitstamp are among the top three bitcoin outflows on Binance.

Binance, Coinbase and Bitmex rank top three among the major bitcoin outflows from Huobi. Coinbase and Bitmex continue to rank first among the bitcoin outflows from Huobi trading platforms. Compared with June, the number of bitcoins flowing from Huobi to Coinmex has increased by 73.90%.

Coinbase, Huobi and Binance are among the top three and account for the majority of bitcoin outflows from Okex, while Coinbase rarely ranks first among the target trading platforms for bitcoin outflows from Okex.

Through the pie chart, we can have a more intuitive understanding of the main direction of bitcoin outflow from trading platforms in July.

On the whole, as the price of Bitcoin broke through $10,000 and entered a new market, the data of the three major trading platforms all went up. In terms of increment, the best performance in July was OKEx. Although the overall data still lagged behind that of Huobi and Coinan, the growth in the net inflow of Bitcoin was outstanding and impressive.

Meanwhile, as Coinbase has become the trading platform with the largest share of bitcoin outflows from OKEx this month, coinbase has become the trading platform with the highest overall penetration rate of bitcoin inflow among the three major entities. Is It possible that coinbase, which is considered to have the characteristics of "bank" of COINS, will be the biggest beneficiary under the fierce competition among the three entities?

Welcome to join the official BlockBeats community:

Telegram Subscription Group: https://t.me/theblockbeats

Telegram Discussion Group: https://t.me/BlockBeats_App

Official Twitter Account: https://twitter.com/BlockBeatsAsia