Glassnode

2022-10-10 12:10:47 The on-chain cost basis for #Bitcoin Short-Term Holders has now crossed below that of Long-Term Holders.

This means that buyers of $BTC over the last 5-months have a superior cost basis to those who HODLed through all the volatility of the 2020-22 cycle.

Live Chart Open / Comment

2022-10-05 10:43:15 If we assess #Bitcoin volumes flowing in and out of exchanges by Whale sized entities (> 1k $BTC), we can estimate their cost basis (Realized Price).

The average price of Whale Deposits/Withdrawals since Jan-2017 is currently around $15.8k.

Live Chart Open / Comment

2022-10-05 01:37:05 The Week On-chain Video report for Week 40 is now live!

We deep dive into the #Bitcoin mining sector, to assess
- Hashrate and Difficulty ATHs
- Cost of production pricing models
- Risk and realities of mining capitulation

Watch our latest video report Open / Comment

2022-10-04 00:27:11 #Bitcoin has been trading very close to its estimated cost of production price since the June sell-off.

The Difficulty Regression Model is hovering at $18,300, and signals a potential threshold for acute income stress in the mining industry.

Read more Open / Comment

2022-10-03 14:55:17 As global equity and bond markets continue to tread challenging ground, #Bitcoin hashrate defies the odds, pushing to yet another all-time high.

This week, we deep dive into $BTC mining to assess if the worst of the capitulation is over, or not.

Read more in The Week On-chain Open / Comment

2022-09-30 13:16:40 September was an exciting month, with the Glassnode team delivering our brand new suite of #Ethereum Merge and Proof-of-Stake metrics.

Monthly highlights:
- 16x New Metrics
- 19x Workbench Constructions
- 2x New Dashboards
- 8x Research Reports

Read about our latest Product Updates for September Open / Comment

2022-09-29 03:20:52 #Bitcoin Miner Balance has seen large outflows since prices rejected from the local high of $24.5k.

This suggests aggregate Miner profitability is still under a degree of stress with ~8k $BTC/month being spent to cover USD denominated costs

Live Chart Open / Comment

2022-09-28 15:32:53 In the latest edition of the Market Pulse, we deep dive into the RVT Ratio and how it captures shifts in Bitcoin macro market cycles.

We also explore two new RVT Ratio variations and new analysis frameworks.

Join the Discussion on Glassnode Forum Open / Comment

2022-09-27 17:01:36 The Week On-chain video report is now live!

In this edition, we cover:
- #Bitcoin on-chain activity momentum
- HODLer behaviour at all-time-highs
- Risks associated with Short-Term Holder $BTC
- Price/supply regions of interest

Watch our latest video report. Open / Comment

2022-09-27 01:56:58 #Bitcoin has once again rejected below the psychological $20k region, plunging Short-Term Holders into severe, unrealized loss.

However, #Bitcoin HODLers remain steadfast, with old coin spending approaching a full cycle detox.

Read our latest analysis in The Week On-chain Open / Comment