Near_whales
Where in the ocean of NEAR do the whales hang out? Examine the top 20 addresses by amount of NEAR held - excluding any custodial or exchange addresses that you can. Can you identify any “power players” or wallets of interest? What behaviors do these whales exhibit?
> > what is near? > > NEAR Protocol is a smart contract capable, public Proof-of-Stake (PoS) blockchain that was conceptualized as a community-run cloud computing platform. Built by the NEAR Collective, NEAR was designed to host decentralized applications (dApps), and strives to compete with Ethereum and other leading smart contract-enabled blockchains like EOS and Polkadot. NEAR’s native token is also called NEAR, and is used to pay for transaction fees and storage. NEAR tokens can also be staked by token holders who participate in achieving network consensus as transaction validators. > > NEAR Protocol is focused on creating a developer and user friendly platform. To accommodate this mission, NEAR has incorporated features like human-readable account names as opposed to only cryptographic wallet addresses, and the ability for new users to interact with dApps and smart contracts without requiring a wallet at all. > > Projects building on NEAR include Mintbase, a non-fungible token (NFT) minting platform, and Flux, a protocol that allows developers to create markets based on assets, commodities, real-world events, and more. > > > > \
> > > ## NEAR Protocol Technology > > > > As dApps have grown in popularity, the crypto community has faced a growing scalability problem. Scalability in this context refers to a blockchain’s ability to handle a large number of transactions with reasonable speed and cost. Ethereum has particularly faced scalability challenges due to the high demand for its usage, and while some people advocate for scaling solutions to be built on top of Ethereum (Layer-2 solutions), other projects like NEAR have decided to build entirely new blockchains with different architecture. > > > > NEAR Protocol’s proposed solution to this scalability problem is the implementation of sharding. Before diving into what this means, it’s useful to identify the three main functions of blockchain nodes: they process transactions, communicate validated transactions and completed blocks to other nodes, and store the state and history of the entire network. As network congestion increases, these tasks become more and more demanding for the nodes. > > > > Sharding lessens the computational load by splitting or partitioning the network into shards (or fragments). With this tactic, every node is not required to run all of the network’s code — just the code that’s relevant to its shard — so shards can conduct computation in parallel with one another, thereby scaling the network’s capacity as the number of nodes in the network increases. > > > > To achieve consensus among the nodes in the network, NEAR uses a PoS system. With PoS, nodes who wish to become transaction validators must stake their NEAR tokens to be considered for participation. Token holders who do not want to operate a node can delegate their stake to validators of their choice. NEAR uses an auction system to choose validators every epoch (approximately every 12 hours), and validators who have larger stakes have more influence in the consensus process. > > > > Some validators are responsible for validating “chunks” — an aggregation of transactions from a shard — while others are tasked with producing blocks, which contain chunks from all the shards. Other nodes, called “fishermen,” observe the network and detect and report malicious behavior. If a validator behaves badly, their stake will be slashed. > >
> > ## What Is a Crypto Whale? > > A cryptocurrency whale, more commonly called a "crypto whale" or just a "whale," is a cryptocurrency community term that refers to individuals or entities that hold large amounts of cryptocurrency. Whales own enough cryptocurrency to influence currency markets. > > Achieving whale status in the cryptocurrency space is subjective. The community seems to agree that ownership of a large amount of circulating cryptocurrency qualifies a whale. > > Learn more about crypto whales and how these large accounts can influence cryptocurrency investors and the market. > > ### KEY TAKEAWAYS > > * A crypto whale is a wallet address that holds a significant amount of cryptocurrency. > * The community and investors watch crypto whales because they can significantly influence price movements. > * Whales can also create price volatility increases. > * Some of the publicly-known crypto holders with large amounts of cryptocurrency are Sam Bankman-Fried, Micheal Saylor, and Brian Armstrong. > > > > \
> Crypto tracking is the act of keeping track of transactions done on a public blockchain. Crypto tracking can be done on any cryptocurrency wallet but is mainly done on whale addresses. Cryptocurrency traders and investors monitor whale trades because whale actions often impact cryptocurrency trading prices. > > When a transaction is made by a wallet address, tracking is done with API tools that scan over a blockchain. The API finds the transaction in real time and tells the user. Users can examine whales' purchasing and selling trends by using crypto tracking to find trades that are larger than a certain threshold. > > . > > . > > . > > here we can see the transactions made by some wales on NEAR as we look we can clearly see that from the bra chart above majority of the transctions happened from oct2021 which 223 transactions made by some whales on nov29-2021 and from then the market of whales started to move up and the best week for them was from apr18-2022 to may9-2022 which transactions went up to above 400TXs.you can see the rest of them and compare.
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> A crypto deposit is similar to a conventional savings account in a physical bank, but in this case, it is not your fiat money that brings interest, but your cryptocurrency assets. You take your digital assets to a trusted cryptocurrency institution, such as Crypterium crypto bank, where your electronic tokens start working and producing a profit. > > The profit is generated when your crypto assets are borrowed by someone for a definite period and then returned with interest (meaning you lend less than you ultimately receive). The size of interest depends on many factors including the platform’s rules, a type of cryptocurrency, the current market situation, etc. > > The interest will be elevated when a demand for virtual currency is high while its supply is somewhat limited, and vice versa. For example, Crypterium allows you to make up to 9.6% APR (annual percentage rate) on your digitalized funds. > > . > > . > > .
in the above chart we see the whales deposits on NEAR. which shows the number of transactions based on deposits. on dec3-2021 we see that the movement started from that day with 387TXs and it stayed lower than that level for a while until may12-2022 with 496TXs which is the highest level ever. and on the right bar chart you can see the amount of deposits made by the whales with big numbers which you wont probably be able to read clearly.
> ## What is crypto swapping? > > Crypto swapping allows you to instantly trade one cryptocurrency for another, with no crypto-to-fiat exchange required. Saving time and paying less in fees are obvious benefits, but it’s far from the only reason users participate in swapping. \n > > Crypto tokens are effectively the keys to their native blockchain’s kingdom, affording holders various benefits within their ecosystems. Token holders may have the opportunity to vote on community governance proposals that guide the future of a project or stake their share in exchange for passive interest income. Swapping makes it easier for crypto users to explore the further reaches of the blockchain, and be a part of multiple projects they wish to support. \n > > Sometimes swaps are necessary to cover the fees on a transaction that can only be paid in a specific blockchain’s native coin. Other times, traders will perform a token swap in the hopes of capitalizing on a move in the market they sense is coming. Participating in certain protocols, such as decentralized finance (DeFi), can only be done via specific blockchains. This means if you’re a Bitcoin user, you may need to swap for some Ethereum or another ERC-20-compatible token if you want access to the DeFi ecosystem
now its time to see the swaps of whales on NEAR: on the bar chart above we can see the amount that brought in by whales based on tokens
we can see variety of tokens got in NEAR ecosystem by swaps that whales did it. like USDT,AURORA,CELO and some other tokens which you see and as you see on the right donut chart a whale called”nbiv.near” swaped the most with 59.1%.
> > What is staking?
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> > Staking is a process in which cryptocurrency holders volunteer to take part in validating transactions on the blockchain – in other words, checking that the ledger all adds up.
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> > The checking is not done by individuals, but by computers in the blockchain network, often via third-party staking services. In return, validators, who cannot use their cryptocurrencies involved in the validating process for a period of time, receive a share of the transaction fees or newly created cryptocurrencies. That reward is then passed on to customers at centralized exchanges who agree to stake their assets.
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> above we can see the staking behaviour of whales and we see numbers which goes to the moon about the staked amounts.and on the right side we see the donut chart with 51%staked and 49% unstaked.
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conclusion
based on the information given on this analysis we know that crypto markets owe whales their lives because the majority of the transactons and supplies are made by the whales and the whales have this power to change price of the tokens really..