Domestic virtual asset exchange Bithumb announced on the 28th that it will launch a trading data analysis service page called 'Insight,' which provides real-time virtual asset trading trends and various investment indicators for investors.
Composed of a total of 11 contents, Insight is the first social network trading service among domestic virtual asset exchanges that analyzes customers' investment data to provide investment patterns in real time. Insight helps users understand the short- and mid-to-long-term price trends of major virtual assets by offering the top 3 most searched items and rankings of price increases by period. It also discloses the types and proportions of virtual assets purchased the previous day by the top 800 customers selected by Bithumb based on asset size, allowing insight into the trading trends of high-net-worth investors.
Additionally, by utilizing technical indicators, Insight suggests virtual assets that have entered an upward trend or show price bottom signals, enabling users to establish buying strategies. It also shows which virtual asset trades investors are focusing on more through buy and sell execution strength data. Furthermore, it provides various investment information such as Bitcoin dominance, which indicates the proportion of Bitcoin's market capitalization in the overall virtual asset market, recent volatility of supported virtual assets, and volatility of virtual assets designated as requiring investment caution.
Moon Sun-il, head of Bithumb's service division, said, "Bithumb Insight is a customer-centered trading data analysis service that virtual asset investors must have, and we expect it to help make investing easy and convenient." He added, "Bithumb will continue to provide useful information for investors going forward."
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