Top Free On-Chain Analysis Tools for Crypto Data

A unique benefit of public blockchains is every transaction and address can be viewed and analyzed. Economic data can be analyzed in unprecedented detail in what's called on-chain analysis.

Here are some examples of popular on-chain metrics.

• Liquid supply change - supply in wallet addresses that has not been moved for at least 6 months

• Exchanges net transfer - coins moving on or off exchanges - indicative of available liquidity and market depth (amount needed to move price)

• Coinbase Pro outflows - outflows usually mean movement to cold storage for long term holding, inflows can signal desire to sell, Coinbase Pro is of particular interest because of institutional usage

• Accumulation addresses - Bitcoin addresses that have received at least two transactions but have never spent funds, 'black hole' addresses

• Bitcoin miner net position change - miners net selling or holding new coins

• UTXO realized price distribution - amount of volume traded at each price level, sometimes used to infer resistance levels

The unprecedented transparency is one of the under-appreciated aspects of crypto markets. The information asymmetries we've seen in the stock or precious metals market and economic data are much lower.

Instead of speculating on the status of a commodity squeeze like silver crypto traders can visualize one developing second by second with high precision. You can see if retail (minnows) or institutions (whales) are buying or selling. Whether old OG holders are cashing out or stacking more. Whether network activity is increasing, etc.

In equities this level of data would often only be available if you worked in the company. It's another toolset for people who already use TA and use macroeconomic indicators.

You can access data through Glassnode, Santiment (also has off-chain sentiment data), Cryptoquant, Woobull.

Resources for using on-chain data are Glassnode Academy, Glassnode Insights newsletter, Santiment Youtube channel, on-chain analysts 1 2, and any interview with Willy Woo. This is the best way to learn the context behind each metric.

Analyzing the flows, supply changes, accumulation patterns, etc is helpful in forming and sticking to an investment thesis in an asset class that is notoriously unpredictable, whether your goal is to hold or attempt to trade the cycle top.

Most people think Bitcoin is anonymous. It isn't.

Every transaction is permanently on a public ledger.

Companies like Chainalysis earn $100M+ per year mapping

Bitcoin addresses to real identities — paid for almost

entirely by governments.

The techniques they use:

1. Common Input Ownership Heuristic (CIOH) — if multiple

inputs are in the same transaction, they assume one owner

1. Change output detection — round numbers, address type

mismatches, transaction graph analysis

1. Address reuse — every reuse permanently links your history

2. Network surveillance — your IP before the tx even hits

the blockchain

The defense is a layered stack:

→ Never reuse addresses (free, takes 0 effort)

→ Run your own node (no third party sees your addresses)

→ Tor on your node (strips IP from broadcasts)

→ CoinJoin — Wasabi 2.x or JoinMarket-NG (breaks UTXO history)

→ PayJoin BIP77/78 (invisible on-chain, breaks CIOH)

→ Silent Payments BIP352 (public address, zero linkable history)

→ Lightning for daily spending (zero on-chain footprint)

Full guide with practical setup for each layer:

👉

Questions welcome in the comments.

For years, I obsessed over candlestick charts, RSI, and moving averages always reacting to price. But I recently shifted my focus to on-chain metrics like active addresses, transaction volume, and developer activity.
What surprised me is how these numbers often start moving before the price does. It’s like getting a quiet heads-up before the market wakes up.
Curious, does anyone else here track on-chain data as part of their market strategy, or is it still too “niche” for most traders?

TD;DR (FOSS) Tools for on chain analysis (similar to TRM / Maltego?) mainly on Solana

Hello Friendly internet people and OSINT lovers.

Recently i've been dipping my toes into on chain analysis, after i was asked if i would be able to find the person behind a certain cypto wallet. I had a lot of fun doing so (and was quite pleased when i was able to find the person in question), and now i want to explore this world/industry more! For my first research i mainly used google, solscan and solanaFM. But im looking to expand my toolkit, i like tools that give a visual of linked wallets like in the picture i added from TRM.

Im also into coding / linux / docker ect so dont hasitate to share nice github projects too!

Thanks in advance :)

I’ve tried to do some deep dives before into on chain analysis but found it to be way beyond my capabilities and out my time scope that I have with running a business and having a little one at home.

So I decided to follow guys like Willy Woo and Plan B with there analysis and try use that as a basis of what I think the market might do in the short and long term future.

I tend to find most of there on-chain analysis is quite bullish which I love but I don’t want to be unrealistic.

So I guess does anyone follow these type of guys as a guide of what they see the future of the market looking like or do you literally just study it yourself and make up your own mind?

Cheers legends 🍺

This is the best github for onchain investigations

Toevallig ook nederlands aan de naam te zien😉

Nansen is still the first site I open when I want a macro snapshot. BTC supply in profit, long term holder behavior, exchange balances.

check out arkham for on-chain data

I'm very interested in this topic. Do you know of any groups or communities where these topics are discussed?

For altcoin discovery, Twitter + Telegram + DexScreener honestly beats most paid tools. Sounds dumb but social sentiment and volume spikes on SOL or Base memes show up there first. Analytics tools usually lag.

Hi everyone,

I wanted to ask if anyone here does on chain analysis for bitcoin and if you could recommend me some tools to use.

I looked into cryptoquant, coinglass, and glassnode.

I subscribed to glassnode advanced and realized most of the tools that I wanted to use require professional tier which is $833.33 which seems too pricey for me.

Thanks in advance!

For derivatives, CoinGlass is my go to website. Funding rates, liquidations, open interest across exchanges. If you trade BTC or ETH perps, it’s almost mandatory.

I use DefiLlama daily. TVL changes, chain flows, bridge data. It’s one of the few crypto analytics sites that feels neutral and not trying to sell me a narrative.

Been trading crypto full time for ~3 years. Still haven’t found a true all in one that doesn’t compromise somewhere. My stack is TradingView for TA, Nansen for on chain smart money, CoinGlass for funding/open interest. Expensive, but each does its job well.

what specifically are you looking to do?

There's maybe a dozen people in the world doing chain forensics on Twitter. Start with the roman storm trial and you will find them.