Swap Profiles In May & June
==Introduction==
In this analysis we want to take look at swap profiles In May & June.
we will answer this questions:
1.what assets do swappers hold?
2.how often are they swapping?
3.when was the wallet created?
4.what is their ALGO balance
For answering question 1 we can use account_asset table, chart below shows number of swapper who hold assets in their wallets, Most of them hold USDC, PLANET , AKITA INU and Yieldly in their wallets.
==ALGO Balances==
Chart right side shows breakdown of swappers by amount of ALGO they hold in their wallets.
most of users has ALGO amounts between 0 and 10 in their Wallets.
Or Almost 10k Swappers between May & June months, Their ALGO balance is between 0 and 10 ALGO.
In the right side you can see Total ALGO swappers hold.
==Wallet created time and swap transactions==
Two chart below shows when most of this swappers created their wallets and number of swap transactions of this swappers over time.
Chart Below in the left side shows most of this swappers created their wallets after Jan 2021, and this numbers increased over time till Apr 20th 2022 which 358 swappers created their wallets on this date. and in recent days this amounts increased.
it can be concluded most of this wallets created after bull market begins, in the chart on late Jan 2021 when BTC price stated a sharp move from around $30k to $50k number of this wallets increased, Most of the times when the market has been in a good position, the number of wallet creation has increased.
Next chart shows number of swaps (swappers on May and June 2022) over time , on May 11th and12th 2022 when crypto market crashed number of swaps by this swappers has been increased, and reached more than 120k swaps in a single day.
==Conclusion==
1.huge number of swappers hold USDC, PLANET , AKITA INU and Yieldly.
2.number of swaps has been increased during crypto market crash.
3.Total swappers ALGO Balance is equal to 28.3M ALGOs.
3.ALGO balances of Most swappers is between 0 and 10 ALGO.
4.Most swappers wallets created when crypto market was in bull situation, number of wallets created increased when BTC price reached new ATH price each time, also in recent months we have seen number of this wallet increased.