Bitcoin price reaches 10,000, but why did the on-chain data peak two days earlier?

In the past week (02.03-02.09), Bitcoin started a wave of market and broke through the 10,000 US dollar mark again, but from the main chain data, the data did not increase significantly compared with the previous week (01.27-02.02). However, for the top exchanges such as Binance, the relevant data last week has increased significantly, and it has recorded the largest weekly net inflow of Bitcoin in recent times.

Transaction amount:

01.27-02.02: 7595891.07 BTC

02.03-02.09: 8046678.98 BTC

Increase from the previous week: 5.93%

The detailed data chart is as follows:

Actual transaction amount:

01.27-02.02: 4545563.67 BTC

02.03-02.09: 4853020.84 BTC

Increase from the previous week: 6.76%

The detailed data chart is as follows:

Number of transactions:

01.27-02.02:2212436

02.03-02.09:2294637

Increase from the previous week: 3.72%

The detailed data chart is as follows:

Number of active addresses:

(The address that actively initiates transactions is considered an active address)

01.27-02.02:3504651

02.03-02.09:3640989

Increase from the previous week: 3.89%

The detailed data chart is as follows:

Number of large transfers:

(A single transaction with an amount greater than 100 BTC is considered a large transfer)

01.27-02.02:9324

02.03-02.09:9030

Decrease from the previous week: 3.15%

The detailed data chart is as follows:

Binance exchange BTC flow data

Inflow:

01.27-02.02:41296.01

02.03-02.09:56278.40

Increase from the previous week: 36.28%

The detailed data chart is as follows:

Outflow:

01.27-02.02:41040.07

02.03-02.09:50957.50

Increase from the previous week: 24.17%

The detailed data chart is as follows:

Net Inflow:

01.27-02.02:225.94

02.03-02.09:5420.90

Increase from the previous week: 2018.04%

The detailed data chart is as follows:

It can be found that whether from the overall on-chain data or the data from the Binance Exchange, the high point this week was not during the period when Bitcoin reached 10,000, but on Thursday and Friday. Whether the relevant data are related or not still requires further interpretation and analysis by market participants.