This document presents an analysis of wallet transactions, providing insights into wallet segmentation, transaction patterns, and characteristics of abandoned wallets.
- Total Wallets Analyzed: 468
- Total Transactions: 115,000 individual transactions from 468 wallets
- Key Observation: Wallets are often abandoned, and identity is often tied to a cluster of wallets.
Wallets are categorized into different segments based on their transaction patterns and characteristics.
- All Funds Transferred Out: A wallet is considered abandoned if all funds are transferred out.
- Zero Transaction Frequency: If the frequency of transactions drops to zero over a certain period.
- Non-Smart Contract Transfers: A high number of non-smart contract transfers is another indicator of abandonment.
- 46% of Transactions Lack a Function Selector: This suggests a significant portion of the transactions are simple ether or ERC20 transfers.
- Unique Gas Usage Patterns: 21,000 gas units are uniquely used in transactions without a function selector, indicating transfers to Externally Owned Accounts (EOAs).
- Non-Smart Contract Activity: Such activity typically does not include a contract address in the transaction data.
Understanding gas calculations is crucial for analyzing transaction costs and behaviors.
MAX FEE = Base Fee + (Priority Fee x Units of Gas Used)
- Base Fee: Determined by network demand. It can increase by up to 12.5% if transactions in a block exceed the target.
- Priority Fee: A tip paid to validators for including the transaction in the block.