#756 Creating The New Standard For On-Chain Metrics w/ Artem Lazarev & Andy Bohutsky
12/16/2021 · 26 min · transcript via mlx
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Key topics
— On-chain analytics democratizes market data previously available only to institutional investors, leveling the playing field for retail traders and investors.
— Whalemap uses distributed Bitcoin nodes across regions to collect real-time transaction data and analyzes UTXO technology to identify support and resistance levels where large wallets accumulate coins.
— Mempool analytics represents the next frontier, allowing traders to detect pending transactions before block confirmation, providing early warning signals of whale activity (e.g., large exchange deposits).
— The company employs a Web3-native business model using token staking to fund platform development and offer free or subsidized access to premium features, contrasting with traditional freemium SaaS models used by competitors like Glassnode and CryptoQuant.
— Large wallet inflows, NPL (Net Profit/Loss) charts, and volume profiles help traders identify panic-selling conditions and support/resistance zones with actionable precision.
— DeFi analytics remain underdeveloped; Whalemap sees opportunity in tracking underlying smart contract performance and token distribution to provide fundamental data on altcoins and protocol health.
Market & price signals
— Artem identified $47,000 and $57,000 as key support and resistance levels for Bitcoin in early 2022, with $47,000 being the critical near-term floor. The founders expressed conviction in Bitcoin's long-term appreciation potential due to finite supply, fiat currency debasement, and growing institutional adoption, though they declined to forecast specific price targets. They noted Bitcoin's consolidation as a $2 trillion asset class and cited macroeconomic headwinds (inflation concerns, money printing) as structural tailwinds for Bitcoin adoption.
Actionable insights
— Use on-chain volume profiles and large wallet inflow charts to identify where institutional accumulation occurred and where price typically finds support, improving entry and exit timing for swing trades.
— Monitor mempool analytics alerts (when available via Whalemap's pro tier in 2022) for early signals of large whale transactions destined for exchanges, which often precede significant price moves and volatility.
— Access Whalemap's free tier at whalemap.io to begin learning on-chain metrics, then evaluate whether staking the WMP token for pro-tier mempool analytics aligns with your trading edge and time horizon.
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