A new report from blockchain analytics firm Flipside reveals that a very small cohort of blockchain users is responsible for most of the value being transferred across 24 major networks.
The firm tracked more than 400 million addresses and found that wallets with high engagement scores — what it calls “high-quality users” — consistently move the most funds. These users comprise only a small portion of total addresses but are responsible for the bulk of transfer volume.
“The vast majority of addresses on each blockchain fall into the low-value range, with only a small percentage achieving medium or high-value status,” Flipside said.
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