January 2022 New Wallets Created

    Question 20: In January 2022, we see a surge in new wallets created. Were these new wallets interacting with any assets in particular? Were there any patterns in the amount of Algos these wallets held?

    Methods : We must first identify the wallets that were made in January. The figure below shows the addresses of the top 10 wallets in terms of assets.

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    Now we need to look at what assets these new wallets have been interacting with the most.

    As can be seen in the figure above, 5 assets including Camfrog Pending Props, Paltalk Pending Props, YouNow Pending Props, Tether USDt and USDC have the most interaction with new wallets.

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    The figure above shows the total balance of wallets made each day since January. It can be seen that the assets of wallets made on the third and fourth days are very different from the rest. Also, the assets of wallets made on the third day are about twice as much as those on the fourth day. These cases indicate the arrival of strong whales in January, especially on the third and fourth day.

    Conclusion: By solving this question, we saw that new whales entered the market at the beginning of January, especially in the third and fourth days. In fact, wallets made at that time now have a relatively large balance.