Glassnode is my secret magnifying glass into the crypto world

I often hear from friends: “How do you predict all this?” I just look inside the blockchain through Glassnode. It's not just an analytical platform — it's my eyes in the world of cryptocurrency transactions.

What I saw under the hood of the blockchain

This thing really allows me to spy on all transactions and activity in the network! It's like I'm sitting on top of a mountain and watching an anthill. I see volumes, active wallets, network indicators — anything at all! Just imagine: I can track how many addresses are currently using Bitcoin. And this is just the tip of the iceberg.

Why This Changes the Game for People Like Me

I used to trade blindly like everyone else. Now I see what others don't. When a bunch of coins suddenly flies to the exchanges — I know it's time to prepare for a price drop. When a surge of new wallets appears — expect a rise.

And these so-called “experts” on Telegram channels don't even realize how ignorant they are without such data. Sometimes I even find it funny to read their “expert” predictions.

Behind the Scenes Technique

Processing such volumes of data is no joke. Their algorithms constantly analyze all this mass of information and spit out something really useful. Sometimes it even annoys me how accurately they predict market movements.

How I Use It in Real Life

In 2021, I was making money while others were losing cash. Their HODL Waves metric showed that whales were not planning to sell — I decided not to panic and not to dump everything at the bottom. As a result, I ended up in the black while others were crying.

It's funny that most people still trade based on bitcoin pizza and intuition, while real data can be seen. Here's an example — when major exchanges start accumulating coin supplies instead of withdrawing them, a price rise is likely on the way. I get this information directly, not from third parties.

Who is this for?

Don't fool yourself — we are all playing against large players with huge analytics. Without tools like Glassnode, ordinary investors have almost no chance. However, with them, it is possible to at least partially level the playing field.

Blockchains themselves are becoming more complex, and tools like these are becoming all the more valuable. Without them, there is nothing to do in this game.

Many trading platforms integrate similar tools directly into their interfaces – this helps to make decisions faster. But I prefer to look at the data directly – this way I see the full picture without distortions.

Ultimately, Glassnode is like an X-ray for cryptocurrencies. It reveals what is hidden from the eyes of the average trader. And while others blindly believe in the promises of projects and hype, I prefer to trust the numbers and data of the blockchain.