According to @GracyBitget, she will deliver her first lecture at HKUST and emphasized that while an exchange must keep user data confidential, on-chain activity is openly traceable for anyone to analyze, which is critical for trading workflows, source: Gracy Chen on X (Sep 5, 2025). She described the on-chain environment as a nonstop Truman Show-like stream, reinforcing that transactions can be tracked in real time by anyone, source: Gracy Chen on X (Sep 5, 2025); Ethereum.org (Public blockchains are transparent and auditable). For trading, this supports using on-chain analytics to monitor BTC and ETH wallet movements and exchange inflows/outflows to track liquidity and manage risk without relying on private information, source: Ethereum.org (Transactions and addresses are publicly visible); Bitcoin.org (Bitcoin uses a public ledger); Glassnode Academy (Exchange flow metrics are used to assess on-chain liquidity). Traders can operationalize this by tracing large token transfers, smart contract interactions, and whale addresses via block explorers to inform execution timing and alerts, source: Etherscan documentation (Address and token transfer tracing); Ethereum.org (Block explorers provide full transaction visibility).

According to MistTrack_io, traders should avoid copying information directly from block explorers, a common mistake in cryptocurrency trading. To enhance security, it is recommended to spend a couple of minutes setting up a whitelist. This simple precaution can significantly reduce risks associated with unauthorized transactions and improve safety in crypto trading.

According to ZachXBT, there is a notable trend of teams developing block explorers without having practical experience using the blockchain. This could lead to inefficiencies and potential issues for traders relying on these tools for accurate and timely information.