IntoTheBlock analytics now available in Philippine’s exchange PDAX
A new section of analytics is now completely powered by IntoTheBlock
PDAX is a leading Philippine-based cryptocurrency exchange licensed by the Bangko Sentral ng Pilipinas. PDAX enables traders to buy and sell digital assets like bitcoin, ETH, LINK, and XRP with their growing list of 10+ supported cryptocurrencies directly with PHP at very competitive prices.
Today, PDAX has released a new section in their mobile app that helps traders make more informed decisions completely powered by IntoTheBlock. The section shows, for every crypto asset, some of IntoTheBlock’s indicators based on blockchain, price, social and other datasets on top of which statistical and machine learning models have been applied.
Holders Making Money at Current Price: Percentage of addresses that would realize a profit if they were to sell at current price vs those that would realize a loss.
Concentration by Large Holders: the % of the asset that is concentrated in addresses holding more than 0.1% of the assets in circulation.
Holders’ Composition by Time Held: breakdown of the level of activity of the owners of an asset: how many addresses have held the asset for more than 1 year, less than 1 month, or somewhere in between.
Transactions Greater than $100k: shows the number and trend in onchain transactions larger than $100,000, providing an indication of activity and momentum of large players.
Transaction Demographics: a breakdown of the number of blockchain transactions that occur during “Eastern” (Asian) trading times vs. Western trading times.
Exchanges Inflows and Outflows: uses ITB’s machine learning based models to determine the flows of an asset going into/out of the largest exchanges covered by ITB.
The bottom part of this section of the mobile app shows some of IntoTheBlock’s signals, which are based on the momentum of some of ITB’s most relevant indicators.
For those traders interested in more detailed analysis, the “Dive Deeper” buttons redirect them to the IntoTheBlock Platform, where they will have access to a portfolio of over 120 intelligent signals about traditional crypto assets, specific markets such as DeFi, and event price prediction models.
At IntoTheBlock, we are excited about this new partnership that allows us to deliver our data to the growing crypto community in the Philippines. We look forward to hearing about your experience with PDAX and IntoTheBlock.
