1/
~ $BADGER observations ~
So, I got my hands on @nansen_ai and I love how robust and powerful their tools are.
So here are some cool tidbits I found about @BadgerDAO
👇
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There will only ever be 21 million $BADGER tokens.
There are around ~900k $BADGER currently in total in the Uni+Sushi pools, and less than 1,000,000 $BADGER tokens held outside of Sett vaults and exchange wallets.
3/
The supply in exchanges is heavily skewed towards DEXs, not much surprise there. It's curious to see the rise in $BADGER in CEX wallets. (Due to listings and liquidity handling)
I suspect both drops are due to staking (and withdrawal from CEXs)
4/
We can see the number of tokens per exchange over time. Red = @Uniswap, blue = @SushiSwap, yellow (joined recently) = @HuobiGlobal.
Interesting to note - there are 2,899 $BADGER tokens on @CurveFinance, added on January 29th.
5/
Liquidity crisis? You tell me.
6/
@nansen_ai lets you filter by balance changes, over the last week.
- 227k $BADGER deposited into $BADGER sett
- Huobi increase
- $GME farm sporting 43k+ $BADGER
- Decent accumulation by savvy players with big pockets
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$BADGER distribution across addresses is spread out nicely.
Also, we can learn that $BADGER holders have diamond hands with ironclad mittens.
10/
The recent increase in price correlates perfectly with an unprecedented increase in volume. Very healthy.
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$BADGER vs. $DIGG overlap:
- 8,665 addresses hold either $BADGER or $DIGG, and over 10% - 887 - hold both. This doesn't account for staked tokens in Setts. (~22%/30% of total balances held in contracts)
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37.4% of $DIGG holders hold $BADGER as well. Only 12.3% of $BADGER holders hold $DIGG.
Outside of Setts, holders of 'idle' $DIGG hold less than 1 token each.
13/

Overall, it's nice to see some on-chain metrics about one of my favorite holds. @BadgerDAO will most likely shoot to the top 100. 🚀
@nansen_ai is a very powerful tool and charts and analytics like these are not even scratching the surface of what they offer.

🙏
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