Glassnode

2022-12-08 04:42:58 Over the last 365-days, a total of $213B in Realized Loss has been locked in by #Bitcoin investors.

This compares to yearly Profits of $455B realized in the 2020-21 bull.

This reflects a relative capital loss of ~47% of the bull market gains, similar in scale to the 2018 cycle.

Live Chart Open / Comment

2022-12-07 00:51:22 Our video report for Week 49 is now also live.

We explore
- The prevailing regime of loss realization by the Bitcoin market.
- All-time-low in Realized P/L Ratio and what it means.
- 17% decline in the Realized cap, returning to May 2021 levels.
- Observations regarding the uptick in on-chain activity.

Watch our video report. Open / Comment

2022-12-07 00:50:34 In the wake of one of the largest deleveraging events in digital asset history, the #Bitcoin Realized Cap has returned to May 2021 levels.

The Realized Cap decline, and significant realized losses signal that a near complete capital reset has taken place of the speculative premium since the end of the 2021 bull cycle.

Read more in the Week On-chain Open / Comment

2022-12-05 04:00:45 NFTs on #Ethereum accounted for 18% to 22% of transactions during H1-2022.

However NFT dominance has since declined to just 8.3%, as interest in the space wanes during the bear market.

Stablecoin dominance has spiked since FTX from 10% to 12.5%.

Live Chart Open / Comment

2022-11-30 08:52:50 Since the #Ethereum Merge, the total net coin issuance has been just +2,317 $ETH.

A total of 131,454 $ETH has been issued to PoS validators, whilst 129,137 $ETH has been burned via EIP1559.

Live Dashboard Open / Comment

2022-11-29 09:00:16 Our latest video report is live: Characterizing a #Bitcoin Capitulation Event.

In this edition, we analyze:
- Observations of market behaviour after major sell-off events.
- Assessing the scale of the recent FTX capitulation event.
- Measuring the damage done using Realized Loss metrics.
- Metrics which describe statistically significant deviations.

Watch The Week On-chain Video Report Open / Comment

2022-11-24 05:42:01 In our latest Market Pulse edition, we build a #Bitcoin overheated / cooled-off tool in Workbench using:

- Stablecoin supplies and SSR ratio
- Unrealized profit and loss
- The MVRV Ratio

Market Pulse reports are a weekly research and analysis series by our analysts, which seeks to achieve several goals:

- Market insights you can't find anywhere else
- Demonstrate how we use Glassnode tools
- Provide unique edge with custom Workbench charts

Market pulse reports are available exclusively for Advanced and Pro members.

With our Cyber Week Deal live, we have taken 40% off our Advanced plan until the 29-Nov.

Be sure to take advantage, and make sure to ask our analyst team any questions you have on Forum.

Read the latest Market Pulse on Glassnode Forum. Open / Comment

2022-11-24 05:09:45 During the chaos of the last few weeks, the #Ethereum market cap briefly fell below the aggregate stablecoin cap, once again.

The Top 4 stablecoins USDT, USDC, BUSD and DAI make up over $138B in total, with the $ETH market cap just 2.8% higher at $142B

Live Chart Open / Comment

2022-11-23 08:53:49 The total #Bitcoin market Realized Loss peaked at -$1.9B last Friday.

This is the fourth largest daily realized loss in history, ranking behind:

-$2.0B during LUNA collapse
-$2.2B in June 2021 start of bear
-$2.5B in June 2022 sub-$20k

Live Chart Open / Comment

2022-11-22 17:30:58 Our latest #Bitcoin on-chain analysis report is live.

In this edition, we assess the reaction of #Bitcoin Whales and HODLers, with both cohorts appearing shaken by recent events.

Watch our analysis in The Week On-chain video report.

Take Advantage of 40% off for Cyber Week Open / Comment