Introduction

In today’s video, We Are going to Delve into the world of on-chain analysis. Conducting on-chain analysis is an essential way to understand where money is flowing, which tokens and investments to pay Attention to, and gain insights into the actions of smart money and larger entities in the cryptocurrency space. Through this article, I will provide an in-depth guide on how I conduct on-chain analysis, discussing the tools I use regularly, such as Arkham Intelligence, Nansen, and Debank. Additionally, I will take You through my personal wallet tracker, which I have been developing over the past few months.

Importance of On-Chain Analysis

On-chain analysis plays a crucial role in the cryptocurrency industry as it allows us to gain valuable insights into the activities of different market participants. By examining blockchain data, we can track the movements of large entities, identify notable wallets, and analyze investment strategies. This information helps us make informed decisions about investments, understand market trends, and gauge the sentiment of influential players in the industry. On-chain analysis is an indispensable tool for traders, investors, and researchers in the cryptocurrency space.

Tools Used for On-Chain Analysis

1. Arkham Intelligence

Arkham Intelligence is a powerful tool for on-chain analysis, although it is currently still in private beta. By signing up for the waitlist or using a referral code, access can be obtained faster. Arkham Intelligence allows users to track large entities labeled by the Arkham team on various blockchains, including Avalanche, Arbitrum, Ethereum, and Optimism. The tool provides information about wallet balances, transaction history, and top counterparties, giving users a comprehensive understanding of the tracked entities’ activities.

• Comprehensive information about large entities’ wallets and activities
• Tracking available on multiple blockchains

• Currently in private beta, may require waitlist access

2. Nansen

Nansen is another invaluable tool for on-chain analysis. While it is not free (monthly subscription required), it offers a host of features that make it worth considering. Nansen’s token guard mode allows users to search for specific tokens and gain insights into transactions involving those tokens. Additionally, Nansen provides information about token distribution, top balances, and notable wallets. These features can be particularly useful for tracking the activities of larger investors and smart money entities.

• In-depth token analysis and distribution information
• Valuable insights into the activities of larger investors

• Paid subscription required for access

3. Debank

Debank is a versatile on-chain analytics tool that provides comprehensive information about wallets, transactions, and token holdings. With Debank, users can track individual wallets, analyze transaction history, and monitor token balances. It is especially useful for exploring internal transactions and tracking specific tokens. Debank is an excellent choice for users who want access to a wide range of on-chain data without the need for a paid subscription.

• Wide range of on-chain data available
• Easy-to-use interface

• Less comprehensive than dedicated platforms like Arkham Intelligence and Nansen

How to Use Arkham Intelligence

Arkham Intelligence allows users to track large entities and notable wallets on different blockchains. To get started, sign up for the waitlist or use a referral code for faster access. Once you have access to Arkham, enter the name of the entity or wallet you want to track. For example, searching for “Justin Sun” will display his tracked wallets and the funds held within them. You can also explore wallet balances, transaction history, and top counterparties. By using Arkham Intelligence, you can gain insights into the investments and actions of influential players in the cryptocurrency space.

How to Use Nansen

Nansen offers a range of features for on-chain analysis, including token-specific insights and token distribution information. To utilize Nansen’s capabilities, search for a specific token, such as “Lido.” Nansen will provide information about top transactions involving the token, including withdrawals, internal transfers, and purchases on decentralized exchanges. The token distribution page allows users to view the top token holders, including notable investors and smart wallet entities. Nansen’s features enable users to gauge market trends, identify influential players, and make informed investment decisions.

How to Use Debank

Debank is a user-friendly on-chain analytics tool that provides insights into wallets, transactions, and token holdings. To analyze a specific wallet or token, enter the wallet address or token name into Debank’s search function. The platform will display detailed information about the wallet’s transaction history and token balances. Debank is particularly useful for tracking internal transactions and gaining a comprehensive understanding of token movements. With its intuitive interface, Debank offers an accessible option for conducting on-chain analysis.

Case Study: Analyzing Blockchain Capital’s Investments

Blockchain Capital is an investment entity that we will analyze using the tools Mentioned above. By utilizing Arkham Intelligence, we can track Blockchain Capital’s wallets and analyze their transaction history. We can also see the tokens they hold, when they bought or sold these tokens, and their interaction with centralized exchanges. Nansen’s token guard mode allows us to dig deeper into specific tokens, such as RPL, and gain insights into Blockchain Capital’s transactions involving this token. By combining the information from Arkham and Nansen, we can analyze Blockchain Capital’s investment strategies and make Meaningful observations.

Token Analysis with Nansen

Nansen’s token guard mode is a powerful tool for analyzing specific tokens. Taking the example of Lido, we can explore the top transactions related to this token. By analyzing the movement of Lido tokens among different wallets, we can identify market trends and influential players. Nansen’s token distribution page allows us to view the top Lido token holders, including notable investors and smart wallet entities. This information provides valuable insights into the distribution of tokens and can Shape our understanding of the market dynamics surrounding a particular token.

Introducing My Personal Wallet Tracker

Over the past few months, I have developed my own wallet tracker, which aims to provide users with a comprehensive tool for on-chain analysis. This tracker includes resources regarding large crypto funds, notable wallets, and protocol treasuries. It integrates data from Arkham Intelligence, Nansen, and other sources to provide users with a holistic view of the cryptocurrency landscape. My wallet tracker offers features such as tracking crypto funds, exploring notable wallets, and analyzing investment entities’ activities. I plan to release this wallet tracker for free to help individuals conduct their own on-chain analysis effectively.

Conclusion

On-chain analysis is a crucial aspect of understanding the cryptocurrency market. With the help of powerful tools like Arkham Intelligence, Nansen, and Debank, users can gain valuable insights into the activities of large entities, smart money, and notable wallets. These tools enable users to track wallets, analyze transaction history, and explore token distribution. By combining information from multiple sources, researchers and investors can make informed decisions and stay ahead of market trends. The development of personal wallet trackers further enhances the accessibility of on-chain analysis, empowering individuals to conduct their own research effectively.