On-Chain Metrics
Arbitrum Active Addresses Reach 1.09 Million, a 30-Day High
Transactions climbed far less than addresses on Oct. 28, while user-paid fees stayed close to the preceding week's median.
Base Active Addresses Jump Another 50% as Transactions and Fees Fall
Transactions fell 8.7% and dollar-denominated user fees dropped 20% on Oct. 22 as a GMGN trading competition continued.
Bitcoin Falls 3.7% to Test $81,500 ETF Cost Basis
Glassnode’s estimated ETF holding cost, last dated Oct. 19, has acted as support in October after capping bitcoin’s May rally.
Arbitrum Active Addresses Hit 30-Day High, Then Retreat
Hourly activity cooled into Oct. 22 after daily active addresses reached 571,767; transaction counts rose much less sharply.
Base Active Addresses Jump 82.5% to a 30-Day High
Transactions and user-paid fees also rose as the Ethereum Layer 2 recorded 629,142 active addresses on Oct. 21.
Glassnode Co-Founder Counts 6.26 Million BTC With Exposed Public Keys
The exposed balance has risen by 222,000 BTC since May, while total Bitcoin supply grew by 64,000 BTC.
Cross-Border Stablecoin Flows Jump 77.5% but Remain Concentrated
Chainalysis identified 4,708 new country-to-country routes, but they carried just $2.64 billion of the $220.3 billion measured total.
Ethereum L1 Activity Exceeds L2s, But Researchers Point to ‘Address Poisoning’
Some outlined the connection between lower fees on mainnet since Fusaka and increased attacks.
Traders Move ETH out of Centralized Exchanges and into DeFi
Ether balances on exchanges drop to lowest level since August 2018 while ETH locked in DeFi continues to rise.
