Centralized Crypto Exchanges Explained in 5 Fascinating Data Visualizations

Written by jrodthoughts | Published 2019/09/05
Tech Story Tags: cryptocurrency | ethereum | blockchain | machine-learning | crypto-exchanges | centralized-crypto-exchanges | data-visualizations | hackernoon-top-story

TLDR Centralized exchanges are, arguably, one of the most challenging components to analyze in the crypto-asset markets. Analyzing the behavior of centralized exchanges can yield many interesting benefits for crypto investors and traders. With the help of IntoTheBlock’s exchange machine learning classifiers, a visual exploration of the blockchain datasets reveal some fascinating patterns in centralized exchanges. The patterns of interactions between these components can be arbitrarily complex and are still not very well understood. In the following visual, we show how the transfer of funds from deposit addresses into the exchange main wallet to withdrawal addresses.via the TL;DR App

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Written by jrodthoughts | Chief Scientist, Managing Partner at Invector Labs. CTO at IntoTheBlock. Angel Investor, Writer, Boa
Published by HackerNoon on 2019/09/05