söndag 28 april 2019

Weekly analyze April 28, 2019

No major changes in the SLT numbers. 

11 more wallets with >3k SLT during last month, that is encouraging but same total amount in the large wallets.  

I have added the index charts I wrote about last week last in this update.

To sum up the data and my thinking about SLT and the 18 tokens I follow:

  • BTC is outperforming SLT and 15 of the other tokens
  • SLT in bottom of the 18 tokens
  • For SLT: very low growth in accounts, no change among the large wallets, very low trading volume (same for most of the other of the tokens as well)

Can it be that

  • “new crypto money” basically all got to BTC?
  • “existing token money” sell quick at sign of lost price momentum moving on to another token or BTC?
  • longer term – there will only be store of value in a very limited number of tokens and all other token prices only contains the utility value ("buy only what I need for the service")?

I’m not planning to do any changes in my token portfolio – I will stay in “watch and analyze” mode for a while to see how this develops.

Next update in a month unless I see something interesting.

Total assets holders and new wallets


Large wallet analyzes


Index calculated as weekly wallet change quantity divided over unchanged quantity, e.g. this week change (New 3.935 + Buy more 11.798 + Sold parts 15.820 + sold all 9.993) divided by Total 6.202.402 = 0,64%.

Top 10 wallets & key individual wallet changes since last update

  • Among top 10, rank 4 and 6 decreased their holdings with 10k each during last month.
  • Largest sell had rank 29 in last update with 34k and have sold out 29k ending up with 5k
  • Largest buy is a new wallet, buying 27k in the last two weeks

Changes in large wallets from December 10 to today


Price and volume analyze


Upper and lower bounders calculated as 95% probability to be within this range, based on the standard deviation for the period. 

Graph below shows the 30-day trend value for last 6 months, 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.
 
Index below contains 18 tokens equal weighted, starting date December 15, BitCoin low after 2017 peak.



Data sources:
Smartlands 

Inga kommentarer:

Skicka en kommentar

SLT analyze July 24, 2019

It’s been a very interesting 9 months detail studding Smartlands, but I decided when doing previous update to sell my SLT (and my other tok...