The market is time to time heavily influenced by the short temperament of the market participant. To handle and get track of the sentiment of market participants, data that figure out their movements in the closest and fastest manner possible is required. On-Chain Data provides valuable macro market insight and information on activities that involve blockchain transactions and even covers exchange flows that analyze blockchain transactions that involve exchanges. However, it has difficulty in exploring what kind of trades are occurring inside the exchange.
Thus, to have a complete and broader view of the market as a whole, data that covers activities inside the exchanges so-called ‘market data’ is needed. Also, as institutional investors are coming into the cryptocurrency market and more retail investors are joining the market, a futures market that deals with more quantities of funds and serves as risk management is beginning to play a bigger role in the market. Acknowledging this importance, CryptoQuant provides market data and indicators to help investors to figure out traders’ sentiment.