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ITB Signals now available on any crypto asset’s on the trading interface
XT.COM is a leading social-infused exchange. Users can chat in communities while knowing the market trend to invest in. In XT communities, users explore valuable coins together. The exchange is building towards garnering loyalty and bring new potential for the development of the entire blockchain industry.
A few months ago, XT.com and IntoTheBlock (ITB) partnered to bring ITB analytics to XT’s traders on the XT exchange. Today, XT has released a new set of analytics for any crypto asset on the trading interface, meaning that any visitor to the XT site, can access this rich dataset.
When visitors go to any asset on the trading interface, they can click on the Onchain Analytics section and encounter a set of 6 of IntoTheBlock’s most popular indicators:
Daily Active Addresses: Addresses that made a transaction in the period. It also includes new addresses created and those addresses whose balance went to zero during the period.
Large Transactions Volume in USD: A “large” transaction is an onchain transaction greater than $100,000. This indicator shows the volume of such “large” transactions per day. It is a good indication of institutional activity.
Total Addresses: All addresses ever created one point have held a particular crypto-asset, including those that still do.
Ownership by Time Held: IntoTheBlock gathers addresses depending on the time they have held the specific asset. These addresses are divided the following way:
Hodlers — addresses that have held the asset over a period of one year.
Cruisers — addresses with holding periods between one and twelve months.
Traders — the group that have held the asset for less than one month.
East vs West: The East vs West indicator provides an approximation of the demographic distribution of activity for a particular crypto-asset.
In/Out of the Money Around Price: The IOMAP spots key buying and selling areas that are expected to act as support and resistance.
For those users interested in a more detailed analysis, the “Dive Deeper” button redirects them to the IntoTheBlock Platform with access to a portfolio of over 120 intelligent signals about traditional crypto assets, specific markets such as DeFi, and event price-prediction models.
At IntoTheBlock, we are excited about the expansion of our partnership with XT.com and believe this will help us reach an even greater proportion of their global audience. We look forward to hearing about your experience with Luno and IntoTheBlock!
IntoTheBlock indicators now available for all XT.com users was originally published in IntoTheBlock on Medium, where people are continuing the conversation by highlighting and responding to this story.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.