Definition ∞ Wallet balances refer to the total quantity of a specific digital asset held within a cryptocurrency wallet address at any given time. These balances are publicly viewable on blockchain explorers, providing transparency regarding the distribution and movement of assets. Analyzing aggregate wallet balances across various addresses offers insights into supply distribution, accumulation trends, and potential selling pressure. This data is fundamental for on-chain analytics.
Context ∞ Wallet balances are a foundational data point for on-chain analysis, frequently discussed in crypto news to understand market dynamics. Large changes in the balances of significant wallets can signal major investor activity or market shifts. Tracking the distribution of assets across different wallet sizes helps analysts assess market concentration and potential volatility. This provides market structure insights.
Blockchain Knowledge
Cryptocurrency Foundation
Cryptospace Newsfeed
