Smartlands analyze: Weekly analyze February 11, 2019

Have the Exrates trading bots also taken vacation? Well, I’m back after a week off. Let’s see what happens with Exrates over the next weeks and see if I need to somehow adjust the trading volumes so we have any use for it.

Another two weeks of crypto bear market, we need some good news from the Smartlands team or a trend change in BitCoin taking all other coins to higher levels. How about a central bank announcing they have purchased BitCoin? That would kick of FOMO.

Wallet analyze contains no news really, same number of SLTs in the large wallets.

I don’t follow the XLM price in detail but I assume it’s the XLM drop that is the reason for the lower SLT price, XLM looks no good at all.

Blue area XLM price and purple line BTC, from December to today.

Of course, it would be better with a higher XLM price but in the long run the connection SLT - XLM will go away when the SLT is traded on several exchanges and in BTC and ETH pairs. As I wrote some weeks ago, I don’t think listing on other exchanges is on the top priority list for the Smartlands team right now.

Total new assets holders per week

Large wallet analyzes

Index calculated as weekly wallet change quantity divided over unchanged quantity, e.g. this week change (New 9.640 + Buy more 23.159 + Sold parts 21.852+ sold all 0) divided by Unchanged 6.184.367 = 0,84%.

Top 10 wallets & key individual wallet changes

No movements in the top 10 this week, first top ranked wallet with movement on rank 23, adding 5,1k ending up with 55k
Largest wallet buy was 11,5k, ending up with 35,8k.
Largest seller was rank 75 selling 5,5k ending up with 3k left

Changes in large wallets from December 10 to today

Price and volume analyze

The trend line is calculated with 30-day linear regression. Actual trend indicates that price is dropping $0,051 per day.

Upper and lower bounders calculated as 95% probability to be within this range based on the standard deviation for the period. Current standard deviation 0,47 (last week 0,34).

Graph below shows the 30-day trend value since September, trend above 0 indicates higher trend, below decreasing price trend.

SLT velocity calculated as Weekly trading volume/average weekly SLT price (to express the trading volume in SLTs) * 52 (to annualize the volume) divided by Total SLT and Non HODL quantity.