IntoTheBlock signals are now available on WazirX

WazirX revamps its blog website powered by IntoTheBlock

WazirX is India’s most trusted Bitcoin & Cryptocurrency exchange. Founded in 2018 and recently acquired by Binance, is the fastest growing exchange in the region. WazirX also has its own blog, in which they provide high-quality and accurate research in the crypto space.

Today, WazirX, has unveiled its Project Reports section. The new portal combines the high-quality content authored by WazirX analysts with data insights provided by the IntoTheBlock platform in a single offering that provides unique insights about 6 different crypto-assets.

When users visit any project report page on the WazirX blog, they will find an in-depth explanation of the project that includes an overall description, token statistics, and a breakdown of how native tokens are used in the ecosystem. This qualitative information is complemented with some of IntoTheBlock’s most famous indicatos.

The top of the panel, called Token Summary, provides the following indicators:

· Holders Making Money at Current Price: measures the proportion of current holders who would realize a profit vs. those who would realize a loss if they sold at current price.

· Concentration by Large Holders: shows the proportion of the asset’s circulating supply concentrated in addresses that each holds more than 0.1% of the total supply.

· Price Correlation with Bitcoin: displays the 30-day correlation of the asset’s daily returns to bitcoin’s daily returns.

· Holders’ Composition by Time Held: classifies addresses according to their weighted average holding period.

· Transactions Greater than $100k: shows the daily number of transactions, each with a value of $100,000 or greater.

· Transaction Demographics: shows the number of transactions that have occurred during Western trading times vs. those that have occurred during Eastern trading times over the last 14 days.

The bottom section of the panel, called Signals, contains momentum signals based on IntoTheBlock’s underlying indicators, including onchain, exchange, and derivative exchange signals.

For those users interested in more indicators, clicking on “Dive Deeper” at the bottom of the panel redirects them to the IntoTheBlock Platform with access to a portfolio of over 120 intelligent signals about traditional crypto assets and over 50 signals related to DeFi, NFTs, Capital Markets and much more.

At IntoTheBlock, we are very excited and honored about this partnership with WazirX. We look forward to hearing about your experience with Binance and WazirX!

IntoTheBlock signals are now available on WazirX was originally published in IntoTheBlock on Medium, where people are continuing the conversation by highlighting and responding to this story.