Anchor - 1. Weigh Anchor (Users)
Who are the top users (by address) of Anchor Protocol? Are they retail investors or protocol/enterprise users? Whales or small fry? Note: you may define “top user” as you wish, but your definition and results should be defensible using data and at least one visualization.
Top 10 by volume
As we can see in "Top 10 by volume" chart, there is one address really outstanding. This address has more than 7 times the volume of the next address. It has an incredible volume of about 7.6B USD, all other addresses in the top ten have all less than 1B USD. After checking this address in Terra Finder, Extraterrestrial Finder and google, i come to a conclusion, that this address is just a very big whale. I couldn't find any connections to protocols etc. Looking at this address in Terra Finder and seeing "bPsiDP-24m" for example, I think this is a whale and not an enterprise user, because he seems to check out all the new stuff like Stader, White Whale, Astro, Loop ... I guess an enterprise user would focus more on just a specific and well tested protocol.
So the top user by volume is a whale:
https://finder.terra.money/mainnet/address/terra1l72xv27ez68v0swe9ha29txxgcple89dugyhre
To get a better understanding and feeling of a top user, I also checked the top ten by the number of transactions.
Top 10 by TXs
This top ten addresses are different ones as those from the "Top 10 by volume". this is very interesting, because I expected some similar addresses. But that is not the case. All addresses are different. Wenn we look at the bars, we see that the difference in number of transactions is not too big. They have between 5000 and 2500 transactions in total, so we don't have such a big gap as we have seen in the volumes chart. These users are true power users, using the anchor platform very often and frequent.
To get the top ten addresses by volume, i sum up all amounts of USD used in the different contracts as the volume.