Trying to understand blockchain data can sometimes be confusing. Fortunately, with the “Wallet Profiler” dashboard accessible from Dune, on-chain crypto data will no longer hold any secrets for you. How does this tool work and how can you take advantage of it for your investment strategy? Let’s take a look.
Studying blockchain with on-chain crypto data
If you hold and use cryptocurrencies, you’re probably familiar with Etherscan. This website, which lists all transactions on the Ethereum blockchain, allows you to scrutinize the movements of funds in any crypto wallet. However, the scope of its data is too low for cryptocurrency investors.
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This is why “Wallet Profiler” was created by @cryptokoryo, a blockchain data specialist. Available on the Dune website, its tool offers a myriad of information about the cryptocurrencies held in a given wallet, all in 8 distinct categories.
Let's see together how its dashboard is structured using the following Ethereum address: “ 0x020ca66c30bec2c4fe3861a94e4a498a35872 “.
Its first asset is to share information such as transaction history, amount of volume and evolution of cryptocurrencies :
Total value (in dollars) held by the portfolio between 2020 and 2024
Thanks to the two graphs above, we not only observe the movements of funds, but also the name of the different cryptocurrencies held and their quantity. With its valuation composed of abrupt increases and decreases, this portfolio seems to be used primarily to interact with Web3 applications, without long-term financial ambition.
For more details on on-chain crypto data, it is possible to select the cryptocurrency to analyze in the chosen wallet. Thus, the second advantage of this tool is to share essential information on the performance of the wallet coupled with the evolution of a selected token. Here is an example with the ARB cryptocurrency:
Evolution of the ARB token in parallel with the financial performance of the wallet
On the top table, the columns designate the entry (green) and exit (red) points. The height of the column defines the amount of the transaction in dollars. With this data, we quickly understand that this wallet recorded losses with the ARB token.
In addition to these 2 tables on the performance of cryptocurrencies, 6 other categories group together relevant graphs to interpret. Let's quote… [70% de l’article restant]
