Analysis of Blur’s Address Distribution
According to the report, according to the data of OKLink multi-chain browser of Ouke Cloud Chain, Blur has more than 30000 addresses, up to 39502 by now. Among…
According to the report, according to the data of OKLink multi-chain browser of Ouke Cloud Chain, Blur has more than 30000 addresses, up to 39502 by now. Among them, the top 10 address positions accounted for 92.82%, and the 11-50 address positions accounted for only 2.3%.
The top ten addresses held by Blur account for 92.82%
Interpretation of the news:
The report reveals that as per the data collected from OKLink multi-chain browser of Ouke Cloud Chain, there are more than thirty thousand addresses of Blur till date. The number has risen to a staggering count of 39502, indicating that the platform is gaining popularity among crypto enthusiasts. The report further discusses the distribution of addresses across the platform.
The top 10 addresses of Blur account for a whopping 92.82%, revealing that the majority of the users hold a significant amount of Blur in their wallets. This trend is not a new one in the crypto world as holding large sums of digital currencies at the top addresses is a common practice. However, the concentration of a high percentage of total Blur in just ten addresses indicates that the platform may be relying on few key players, who could, to a certain extent, influence the value or manipulate the market.
The remaining 2.3% of the addresses sit between 11-50, indicating a significant gap between the top 10 and the others. These addresses may be holding smaller amounts of Blur or may represent new users joining the platform, which would be more evenly distributed across the different addresses.
It is essential to note that this analysis is from the available data through the OKLink multi-chain browser of Ouke Cloud Chain only. Also, since the addresses are not necessarily linked to individuals, there is no certainty if the wallets belong to a single entity or multiple individuals.
In conclusion, the report reveals the distribution of the addresses of Blur, indicating that the majority of the total currency is held by a relatively small percentage of wallets. It remains to be seen whether the concentration of large sums of Blur in just a few wallets can drive the platform’s growth in the future, or if it leads to a negative impact on the currency’s overall valuation.
This article and pictures are from the Internet and do not represent qiAiAi's position. If you infringe, please contact us to delete:https://www.qiaiai.com/ai/623.html
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.
Related recommendations
-
Aisot Technologies secures CHF 1.8 million in seed funding to further develop AI-based encryption asset management
On March 10, the AI-based encryption asset management company Aisot Technologies completed 1.8 million Swiss francs (about US $1.9352 million) seed round financ
-
As of the end of 2022, the stock of digital RMB has reached 13.61 billion yuan
According to reports, recent pilot projects for digital renminbi have continued to advance, including specific plans launched in multiple pilot areas such as Jiangsu, Shenzhen, and
-
Mark Rau joins Muverse: The Future of Interactive Music Platform
On March 28th, it was announced that Mark Rau, a Hollywood producer and co founder of Ella Media, a German AI company, has joined the Web3 interactive music platform Muverse and as
-
Global and Domestic Digital Collections Experience Rise and Decline
According to reports, according to peer data, the international weekly index of digital collections rose 0.2 points to 15.4 points last week (March 7 to March 13, 2023), the domestic weekly index fell 12.2 points to 60.6 points, and the comprehensive value weekly index of digital collections fell 4.7 points to 33.5 points. The weekly index of digital collections remained stable Analysis based on this information:The message above is a report on the weekly performance of digital collections around the globe between March 7 and March 13, 2023. According to the report, which was based on peer data, the international weekly index of digital collections experienced a slight increase of 0.2 points to reach 15.4 points. Conversely, the domestic weekly index declined drastically by 12.2 points to rest at 60.6 points. In the same vein, the comprehensive value weekly index of digital collections witnessed a reduction of 4.7 points to level out at 33.5 points. Interpreting this message, one can…
-
Kraken Encounters Delay in Fund Allocation Causing Withdrawal and Deposit Issues
According to reports, Kraken, a cryptocurrency trading platform, said that there was a delay in the allocation of funds, affecting withdrawals and deposits. Subsequently, the platform responded that it has identified and is investigating customer responses regarding issues with difficulty connecting to withdrawal services on websites and mobile applications, and other features such as instant purchase may be affected. Efforts are being made to resolve this issue and will be updated as soon as more information is available. Kraken: There was a delay in the allocation of funds, which affected the withdrawal and deposit Analysis based on this information:Kraken, a well-known cryptocurrency trading platform, has recently reported a delay in fund allocation for its customers which has caused issues with both withdrawals and deposits. According to the platform, the delay has led to difficulties in connecting to withdrawal services on the websites and mobile applications, and other features such as instant purchases may also be affected. Kraken has vowed to…
-
NFT Doodles: A Journey of Ups and Downs in Trading Volume and Floor Price
On April 30th, according to NFTGo.io data, the Doodles series NFT24 hour trading volume reached 1259.15 ETH, an increase of 229.39%. The current floor price of this series of NFTs
-
Hardware Wallet Company Ledger and ApeCoin DAO Partner to Educate and Reward Communities through Proof of Knowledge
According to reports, hardware wallet company Ledger has announced a partnership with ApeCoin DAO aimed at educating and rewarding communities through PoK (Proof of Knowledge). APE
-
LSDx Finance’s TVL Soars to Over 61,000 ETHs in Just 48 Hours
On March 18th, it was reported that the total lockup value (TVL) of the LSD super liquidity agreement LSDx Finance has increased by over 55000 ETHs (approximately $100 million) in the past 48 hours, currently reaching 61954.507 ETHs. Data: LSDx Finance has increased TVL by over 55000 ETHs in the past 48 hours Analysis based on this information:The world of blockchain and cryptocurrency is rife with new developments and updates, presenting unprecedented opportunities for investors and entrepreneurs alike. One such update is on the increase in the total lockup value (TVL) of the LSD super liquidity agreement LSDx Finance. The liquidity agreement has experienced an enormous surge over the past 48 hours, crossing over 61,000 ETHs with a value equivalent to approximately $100 million. This remarkable growth has taken place against the backdrop of the growing interest in the potential of the DeFi (Decentralized Finance) space. The LSDx Finance deal aims to recreate the liquidity pool used by popular DEX…
-
Has Sudowap Reached Its Peak? An Analysis of Its Declining User Activity and Transaction Volume
It is reported that although the cumulative transaction volume of Sudowap has exceeded the milestone of US $100 million, the data shows that the activity of Sudowap users has conti
-
What currency is IPFS currently mining? (Latest news on IPFS mining)
What currency is IPFS currently mining? What is the currency that IPFS is curren