ON-CHAIN LIBRARY
Metrics
Explore the on-chain measures behind market structure, investor behaviour and cycle positioning.
Realised Profit
How much profit is being locked in by the Bitcoin outputs moving on-chain today?
Realised Loss
How much loss is being locked in by Bitcoin outputs moving below their previous on-chain reference prices?
Net Realised Profit/Loss
Are the Bitcoin outputs moving today locking in more profit or more loss overall?
Supply in Profit
What share of Bitcoin's circulating supply currently sits above its on-chain cost-basis proxy?
Supply in Loss
How much Bitcoin currently sits below the market price recorded when its UTXOs were created?
MVRV
Is Bitcoin's market value above or below its aggregate on-chain cost-basis proxy?
MVRV Z-Score
How unusual is the gap between Bitcoin's market value and realised value after scaling for market-cap volatility?
NUPL
How large is Bitcoin's aggregate unrealised profit or loss relative to its current market value?
Adjusted SOPR
What changes when the shortest-lived Bitcoin outputs are removed from SOPR?
LTH SOPR
Are Bitcoin outputs aged at least 155 days being spent above or below their previous on-chain value?
STH SOPR
Are Bitcoin outputs younger than 155 days being spent above or below their previous on-chain value?
Sell-Side Risk Ratio
How much profit and loss is being realised on-chain relative to Bitcoin's realised capital base?
AVIV Ratio
Bitcoin's active market value measured against a model of investor capital rather than the full realised value.
SOPR by Coin Age
Which ages of Bitcoin supply are spending in profit or loss—and how broad is the move across neighbouring bands?
Bitcoin Dominance
What share of the crypto market's measured value belongs to Bitcoin—and what sits inside the denominator?
Fear and Greed Index
What does a 0–100 crypto sentiment score combine, and which provider's method sits behind it?
Mayer Multiple
How far is Bitcoin trading above or below its 200-day moving average?
Puell Multiple
Is the dollar value of Bitcoin issuance high or low relative to its trailing-year norm?
Realised Price
What does the UTXO set's average last-moved price say about Bitcoin's aggregate profit or loss regime?
Power Law
How far is Bitcoin's price from a specified power-law fit—and how sensitive is that fit to its assumptions?
Altcoin Season Index
How many eligible altcoins beat Bitcoin over the chosen window—and which provider defines the sample?
Hashrate
How much computing work is the Bitcoin network estimated to perform each second?
Mining Difficulty
How does Bitcoin reset proof-of-work difficulty every 2,016 blocks to target a ten-minute average?
Hash Ribbons
What do the fast and slow hashrate averages show about network contraction and recovery?
Funding Rate
Which side of the Bitcoin perpetual market is paying at the next settlement—and how expensive is that position?
Open Interest
How much derivative exposure remains open—and what can it tell you before you know the margin or direction?
Liquidations
Forced position closures, how they cascade, and why aggregate totals depend on venue and provider coverage.
Exchange Reserves
How much Bitcoin sits in addresses attributed to exchanges—and how reliable are those labels?
ETF Net Flow
What net ETF creations and redemptions reveal—and what they cannot prove about who bought or why.
HODL Waves
How is Bitcoin's current UTXO supply distributed by age, and what changes when old outputs are spent?
Coin Days Destroyed
How much age-weighted Bitcoin activity occurred when outputs were spent on-chain?
Reserve Risk
How high is Bitcoin's price relative to the HODL Bank model of accumulated unspent opportunity cost?
Liveliness
Is recent coin-day destruction high enough to lift Bitcoin's cumulative Liveliness ratio?
NVT Ratio
How large is Bitcoin's network value relative to the transfer value measured on-chain?
Realised Cap
What is Bitcoin worth when every current output is valued at its last-moved price rather than today's price?
LTH Supply
How much Bitcoin belongs to the statistically less-active long-term holder cohort—and how is that cohort defined?
STH Supply
How much Bitcoin sits with the statistically more-active short-term holder cohort—and what moves it there?
Sharpe Ratio
How much return has Bitcoin delivered above the chosen benchmark for each unit of total volatility?
Sortino Ratio
How much return has Bitcoin delivered above a chosen target for each unit of downside deviation?
SOPR
Whether the coins moving today are being sold above or below what they cost their holder.
Dormancy
Whether the coins being spent today belong to recent buyers or to holders who have waited years.
Vaultedness
How much of the Bitcoin supply is being stored rather than circulated.
VDD Multiple
Whether the value being destroyed by moving coins is running ahead of its own recent norm.
ASOL
How old the coins in each moving output were, averaged across everything that moved.
Binary CDD
How often coin-day destruction has beaten its own norm, counted in days rather than measured in size.
Dormancy Flow
Whether market value is cheap or stretched against the dormancy actually being realised.
HODL Bank
The opportunity cost holders have absorbed by choosing, again and again, not to sell.
Supply-Adjusted CDD
Spent coin time put on a footing that reads the same whichever decade you look at.
Coin Years Destroyed
Aged spending read over a long window, so a phase shows and a single dramatic day does not.
Revived Supply
How much long-dormant Bitcoin has woken, separated by how long it slept.
Average Age of Coins Spent
Whether the coins changing hands today are getting older or younger, read in years.
Average Age of All Coins
The average age of every Bitcoin in existence, whether or not it has moved.
A2VR
The balance between the active and vaulted halves of supply, read against the point where they are equal.
Active vs Vaulted Supply
Circulating supply split into the part that behaves as though it is for sale and the part that does not.
Cointime Conviction
A cointime valuation reading that runs opposite to the rest of the dormancy suite.
MVOCD
A price-shaped line drawn from the coins that moved, read against spot.
Effective Vintages
How many genuinely independent buying eras sit inside today’s Bitcoin supply.
STH Realised Price
What recent buyers collectively paid, and why price crossing it decides so many pullbacks.
LTH Realised Price
What aged supply collectively paid, and why price rarely gets anywhere near it.
True Market Mean
An estimate of fair value drawn only from money that is genuinely still in play.
Vaulted Price
The value attributable to the coins that almost never move.
Active Realised Price
What the tradeable float paid for itself, leaving out coins that never come back to market.
CVDD
A floor calibrated to the absolute lows of past cycles, and touched almost never.
Balanced Price
A fair-value floor sitting between the aggregate cost basis and the deepest models.
Investor Price
What investors themselves paid, with coins nobody ever bought removed.
Terminal Price
A cycle-top reference that moves as the network does, so the number is never fixed.
Waterline
The price with as much supply sitting above it as below, split down the middle.
Overhead Price
The closest thick band of coins overhead, all of it waiting to get back to level.
Conviction Price
What the supply that has proved it holds actually paid for it.
Cointime Price
A cost basis weighted by how long coins have been held, not just by how many there are.
MVRV Average Price
The MVRV ratio drawn as a price, marking the point where paper gains are neither rich nor thin.
Log Growth Model
A long-run fair-value curve read against price on a calendar axis.
Power Law Drawdown
How far beneath the long-run model the market is trading, and nothing else.
ATH Drawdown
The unfiltered distance between price and the highest level ever recorded.
Calmar Ratio
Return measured against the worst loss you would have had to survive to earn it.
Positive HODL Days
The share of all holding days across the record that currently sit in profit.
Risk of Ruin
Every drawdown in the record, measured for how deep it went and how long it took to heal.
Bitcoin Bull Drawdown
How deep the pullbacks inside a confirmed uptrend have run, cycle by cycle.
Bitcoin Bear Rallies
How large the counter-trend bounces inside a downtrend have been, bear market by bear market.
Bitcoin Seasonality
Which calendar months have closed positive more often than not, across the record.
Days Since ATH
How long the market has gone without setting a record, coloured across the price line.
Flow Ribbons
Seven moving averages read as one shape, from fully fanned to completely tangled.
Satoshis per $1
How many satoshis a single dollar commands, which is the price chart seen from the buyer’s side.
RHODL Ratio
Whether the newest coins or the oldest ones carry more of the network’s invested value.
The 21M Distribution
All twenty-one million coins accounted for at once: mined, unmined, lost and held.
The Real Float
The supply cap walked down to the coin that could realistically be bought today.
Cost Basis Heatmap
The prices at which the supply last changed hands, mapped across the whole history.
Wallet Distribution
Where the coins sit once holders are sorted by how much each of them is carrying.
Accumulation Trend
Whether the network as a whole has been adding to balances or shedding them.
Bitcoin Institutional Holdings
Bitcoin held at institutional scale: funds, company balance sheets and governments.
Realised Cap HODL Waves
Which coin ages hold the network’s invested capital, rather than which hold the coins.
STH Cost Distribution
How the prices recent buyers paid are spread out, rather than reduced to one average.
LTH Cost Distribution
How the prices aged supply paid are spread, across years rather than months.
Apparent Demand
Whether the market is soaking up coin quicker than fresh coin turns up for sale.
Bitcoin Retail Holdings
What the smallest address cohorts are doing, ranked against their own history.
Cost Basis by Wallet Size
What the largest wallet cohorts paid for their coins, estimated and drawn against spot.
Supply by Vintage Year
Which buying era still holds its coins, grouped by the year each one last moved.
Where the Supply Sits
Every age cohort over every day, drawn as a map so cohorts can be followed as they age.
Supply Circulation Map
Coin graduating into the seasoned bands, weighed against coin dropping back out of them.
Comfort Zone
The price band inside which most current holders are in profit, and how crowded it is.
Estimated Leverage Ratio
How much leveraged exposure the market carries against the collateral actually sitting on exchanges.
Cumulative CVD
The running balance of aggressive buying against aggressive selling, since the record begins.
Futures Liquidation Profile
Where forced closures have clustered by price level, rather than by the date they happened.
Futures Open Interest by Exchange
How leveraged exposure is split across venues, and what happens when one carries too much.
Whale Index
The flow attributable to the largest participants, read separately from the crowd.
Volatility Waves
The prevailing volatility regime, read as a slow wave rather than a daily print.
Volatility Directional Bias
Whether the market’s biggest ranges are landing on up days or on down days.
Entropy
How much genuine structure sits in price action, and how much of it is noise.
Bitcoin Return Distribution
The real shape of daily returns, including the tails a bell curve refuses to admit.
Volatility Comparison
Bitcoin’s realised movement set beside its peers rather than only against itself.
Profit / Loss Ratio
Whether the seller setting today’s tape is banking a gain or taking a loss.
Cash Extracted
Gains that have genuinely walked away, as opposed to gains sitting on a screen.
Sell-Side Risk by Age
How hard each age cohort is selling relative to its own size, not in raw dollars.
Active MVRV
The valuation question asked of the coin that actually circulates, not the whole supply.
LTH MVRV
The distance between what seasoned coin is worth now and what was paid for it.
STH MVRV
Where the twitchiest money in the market stands against a very recent purchase price.
STH Profit / Volume Ratio
How well the newest money is being paid for the coin it is actually parting with.
Hashprice
What one unit of mining work earns, rather than what the whole industry takes in.
Production Cost
What it costs the network to produce a coin, and where price sits against that.
Miner Stress
Several pressures on mining folded into one reading, where agreement is the point.
Revenue
The total the network pays out, and how much of it comes from fees rather than issuance.
Yardstick
Price judged against the work securing the network, rather than against what holders paid.
Active Addresses
The nearest thing available to a count of people genuinely using the network.
Mining Stocks
Listed miners set against the asset they mine, which is the comparison that decides.
Avg Fees / Block
What a block earns in fees once block-timing luck is taken back out of it.
UTXOs Spent
How many pieces of coin the network consumed, read against how many it made.
Adoption Value
Whether the people using the network have kept up with what the network is worth.
Daily Volume
How much changed hands each day, measured against what this market has lately done.
Volume Momentum
Whether participation is building or draining, measured against this market’s own baseline.
Liquidity Correlation
How closely Bitcoin has been moving with the pool of capital already sitting in stablecoins.
Volume: Effort vs Result
What the trading achieved, as the money it has been taking to move price one percent.
Density Nodes
The price levels this market keeps returning to, drawn from how long it has stayed at each.
CGDI
A second summary of derivatives posture, built from different inputs to the first.
OI Ratio
Which instrument the market is leaning on, and why the two behave so differently.
Derivative Load
How much leverage the market carries relative to its own size, rather than in dollars.
Realised Capital Flow
The money genuinely committing to the network each day, rather than the value being traded.
Capital Multiplier
How far each dollar of fresh capital travels once it meets a market this thin.
Stablecoin Flows
Whether dollars are entering the system, and whether Bitcoin is the thing capturing them.
Institutional Flows
The share of capital flow that comes from vehicles the dashboard can actually name.
Z-Score Probability Waves
Price restated as distance from its own average, on a scale that travels across assets.
Omega Score
Several measures blended into one percentile, built to be informative only at its edges.
Adaptive Trend Model
A regime call that holds until price clears a threshold scaled to the market’s own noise.
Stablecoin Market Cap
The pool of dollars already converted and sitting on-chain, waiting to be spent or not.
Stablecoin Momentum
Whether dollars are being created faster or slower than this market has lately managed.
Stablecoin BP Ratio
The dollar pool scaled to the size of the asset it could buy, rather than counted in dollars.
Stablecoin Issuer Composition
How the supply splits across issuers, and how much of the market rests on one balance sheet.
Stablecoin Chain Migration
Which chains hold the dollars, and what a sustained shift between them is telling you.
URPD Profit / Loss
How much supply last changed hands at each price, split either side of today’s.
URPD Support / Resistance
Where cost basis bunches tightly enough to have mattered, and how it sits around spot.
URPD Supply Stress Curve
The share of supply in profit at any price, which turns the distribution into a what-if.
URPD Supply Migration
Which bands are taking on cost basis and which are giving it up, rather than where it sits.
M2 Money Supply
The broad money stock plotted against the assets people buy to escape it.
Inverse DXY
Bitcoin against the dollar index turned upside down, so both lines point the same way.
VIX Fear Gauge
What equity markets expect the next month to feel like, read as a gauge of nerve.
Fed Policy
The policy rate and the balance sheet together, because either alone is half the story.
Net Liquidity
The balance sheet after the money parked out of reach is taken back out.
Inflation
Consumer prices against the target, because inflation is what limits how much easing is available.
Real Yields
Government yields after inflation, which is what holding a non-yielding asset actually costs.
Yield Curve
What lenders charge for time, and what the shape of that charge implies about growth.
Credit & Conditions
What riskier borrowers pay above governments, which tends to move before equities do.
Labor Market
Weekly jobless claims, the fastest employment reading available and the noisiest.
PMI Business Cycle
A survey of the people placing orders, read against the line dividing growth from decline.
GDP Growth
The broadest measure of output, and the slowest, which is the point of having it here.
Macro Grip
How much of Bitcoin’s movement the macro channels currently account for, and no more.
Mean Reversion Oscillator
How stretched the market is against its own history, read on deliberately slow closes.
Velocity RSI
How persistent the pressure is, which is why it can stay pinned through a whole trend.
Stochastic
An oscillator scaled to its own recent range, which is why it travels edge to edge so often.
Trend Spectrum
The same trend measure at five horizons at once, so the week and the year can be compared.
Net Flow
Which way coin is moving on and off venues, smoothed enough to be readable.
Supply Ratio
What fraction of all the coin ever issued is parked where a sale takes seconds.
Dominance
Each venue’s share of the coin held on exchanges, read as a question about custody.
Coinbase Premium
The gap between one venue’s price and the global market, read as a clue about who is buying.
Altcoin Season Index
One number for whether money is backing Bitcoin or backing everything else.
BTC Dominance
Bitcoin’s share of the market’s total value, which rises whenever it is winning.
Advance / Decline
How many assets rose against how many fell, accumulated day after day.
Altcoin Breadth
How much of the field is currently sitting under its own slow trend line.
Macro Correlation
Whether this asset actually moves with shares, with gold or with the dollar.
Flow Breadth
How widely the buying is shared across the funds, rather than what the total says.
Assets Under Management
What the funds hold, split into money actually paid in and gain added on top.
Unrealised P&L
What the complex is up or down in money against what it actually paid.
Issuer League
Every spot fund ranked by what it holds, with its share of the whole complex.
Total Flow
The running total of money committed since launch, rather than the daily rate.
Flow Drawdown
How far committed capital has retraced from its high, which is not a price measure.
Flow Size
How much money is moving, with the direction deliberately stripped out.
Days of Issuance Bought
Fund buying set against the new coin created that day, on a scale where one is parity.
Cost Basis
The average price this holder base paid, which is a level people actually respond to.
ON-CHAIN LIBRARY
Metrics
Explore the on-chain measures behind market structure, investor behaviour and cycle positioning.
Realised Profit
How much profit is being locked in by the Bitcoin outputs moving on-chain today?
Realised Loss
How much loss is being locked in by Bitcoin outputs moving below their previous on-chain reference prices?
Net Realised Profit/Loss
Are the Bitcoin outputs moving today locking in more profit or more loss overall?
Supply in Profit
What share of Bitcoin's circulating supply currently sits above its on-chain cost-basis proxy?
Supply in Loss
How much Bitcoin currently sits below the market price recorded when its UTXOs were created?
MVRV
Is Bitcoin's market value above or below its aggregate on-chain cost-basis proxy?
MVRV Z-Score
How unusual is the gap between Bitcoin's market value and realised value after scaling for market-cap volatility?
NUPL
How large is Bitcoin's aggregate unrealised profit or loss relative to its current market value?
Adjusted SOPR
What changes when the shortest-lived Bitcoin outputs are removed from SOPR?
LTH SOPR
Are Bitcoin outputs aged at least 155 days being spent above or below their previous on-chain value?
STH SOPR
Are Bitcoin outputs younger than 155 days being spent above or below their previous on-chain value?
Sell-Side Risk Ratio
How much profit and loss is being realised on-chain relative to Bitcoin's realised capital base?
AVIV Ratio
Bitcoin's active market value measured against a model of investor capital rather than the full realised value.
SOPR by Coin Age
Which ages of Bitcoin supply are spending in profit or loss—and how broad is the move across neighbouring bands?
Bitcoin Dominance
What share of the crypto market's measured value belongs to Bitcoin—and what sits inside the denominator?
Fear and Greed Index
What does a 0–100 crypto sentiment score combine, and which provider's method sits behind it?
Mayer Multiple
How far is Bitcoin trading above or below its 200-day moving average?
Puell Multiple
Is the dollar value of Bitcoin issuance high or low relative to its trailing-year norm?
Realised Price
What does the UTXO set's average last-moved price say about Bitcoin's aggregate profit or loss regime?
Power Law
How far is Bitcoin's price from a specified power-law fit—and how sensitive is that fit to its assumptions?
Altcoin Season Index
How many eligible altcoins beat Bitcoin over the chosen window—and which provider defines the sample?
Hashrate
How much computing work is the Bitcoin network estimated to perform each second?
Mining Difficulty
How does Bitcoin reset proof-of-work difficulty every 2,016 blocks to target a ten-minute average?
Hash Ribbons
What do the fast and slow hashrate averages show about network contraction and recovery?
Funding Rate
Which side of the Bitcoin perpetual market is paying at the next settlement—and how expensive is that position?
Open Interest
How much derivative exposure remains open—and what can it tell you before you know the margin or direction?
Liquidations
Forced position closures, how they cascade, and why aggregate totals depend on venue and provider coverage.
Exchange Reserves
How much Bitcoin sits in addresses attributed to exchanges—and how reliable are those labels?
ETF Net Flow
What net ETF creations and redemptions reveal—and what they cannot prove about who bought or why.
HODL Waves
How is Bitcoin's current UTXO supply distributed by age, and what changes when old outputs are spent?
Coin Days Destroyed
How much age-weighted Bitcoin activity occurred when outputs were spent on-chain?
Reserve Risk
How high is Bitcoin's price relative to the HODL Bank model of accumulated unspent opportunity cost?
Liveliness
Is recent coin-day destruction high enough to lift Bitcoin's cumulative Liveliness ratio?
NVT Ratio
How large is Bitcoin's network value relative to the transfer value measured on-chain?
Realised Cap
What is Bitcoin worth when every current output is valued at its last-moved price rather than today's price?
LTH Supply
How much Bitcoin belongs to the statistically less-active long-term holder cohort—and how is that cohort defined?
STH Supply
How much Bitcoin sits with the statistically more-active short-term holder cohort—and what moves it there?
Sharpe Ratio
How much return has Bitcoin delivered above the chosen benchmark for each unit of total volatility?
Sortino Ratio
How much return has Bitcoin delivered above a chosen target for each unit of downside deviation?
SOPR
Whether the coins moving today are being sold above or below what they cost their holder.
Dormancy
Whether the coins being spent today belong to recent buyers or to holders who have waited years.
Vaultedness
How much of the Bitcoin supply is being stored rather than circulated.
VDD Multiple
Whether the value being destroyed by moving coins is running ahead of its own recent norm.
ASOL
How old the coins in each moving output were, averaged across everything that moved.
Binary CDD
How often coin-day destruction has beaten its own norm, counted in days rather than measured in size.
Dormancy Flow
Whether market value is cheap or stretched against the dormancy actually being realised.
HODL Bank
The opportunity cost holders have absorbed by choosing, again and again, not to sell.
Supply-Adjusted CDD
Spent coin time put on a footing that reads the same whichever decade you look at.
Coin Years Destroyed
Aged spending read over a long window, so a phase shows and a single dramatic day does not.
Revived Supply
How much long-dormant Bitcoin has woken, separated by how long it slept.
Average Age of Coins Spent
Whether the coins changing hands today are getting older or younger, read in years.
Average Age of All Coins
The average age of every Bitcoin in existence, whether or not it has moved.
A2VR
The balance between the active and vaulted halves of supply, read against the point where they are equal.
Active vs Vaulted Supply
Circulating supply split into the part that behaves as though it is for sale and the part that does not.
Cointime Conviction
A cointime valuation reading that runs opposite to the rest of the dormancy suite.
MVOCD
A price-shaped line drawn from the coins that moved, read against spot.
Effective Vintages
How many genuinely independent buying eras sit inside today’s Bitcoin supply.
STH Realised Price
What recent buyers collectively paid, and why price crossing it decides so many pullbacks.
LTH Realised Price
What aged supply collectively paid, and why price rarely gets anywhere near it.
True Market Mean
An estimate of fair value drawn only from money that is genuinely still in play.
Vaulted Price
The value attributable to the coins that almost never move.
Active Realised Price
What the tradeable float paid for itself, leaving out coins that never come back to market.
CVDD
A floor calibrated to the absolute lows of past cycles, and touched almost never.
Balanced Price
A fair-value floor sitting between the aggregate cost basis and the deepest models.
Investor Price
What investors themselves paid, with coins nobody ever bought removed.
Terminal Price
A cycle-top reference that moves as the network does, so the number is never fixed.
Waterline
The price with as much supply sitting above it as below, split down the middle.
Overhead Price
The closest thick band of coins overhead, all of it waiting to get back to level.
Conviction Price
What the supply that has proved it holds actually paid for it.
Cointime Price
A cost basis weighted by how long coins have been held, not just by how many there are.
MVRV Average Price
The MVRV ratio drawn as a price, marking the point where paper gains are neither rich nor thin.
Log Growth Model
A long-run fair-value curve read against price on a calendar axis.
Power Law Drawdown
How far beneath the long-run model the market is trading, and nothing else.
ATH Drawdown
The unfiltered distance between price and the highest level ever recorded.
Calmar Ratio
Return measured against the worst loss you would have had to survive to earn it.
Positive HODL Days
The share of all holding days across the record that currently sit in profit.
Risk of Ruin
Every drawdown in the record, measured for how deep it went and how long it took to heal.
Bitcoin Bull Drawdown
How deep the pullbacks inside a confirmed uptrend have run, cycle by cycle.
Bitcoin Bear Rallies
How large the counter-trend bounces inside a downtrend have been, bear market by bear market.
Bitcoin Seasonality
Which calendar months have closed positive more often than not, across the record.
Days Since ATH
How long the market has gone without setting a record, coloured across the price line.
Flow Ribbons
Seven moving averages read as one shape, from fully fanned to completely tangled.
Satoshis per $1
How many satoshis a single dollar commands, which is the price chart seen from the buyer’s side.
RHODL Ratio
Whether the newest coins or the oldest ones carry more of the network’s invested value.
The 21M Distribution
All twenty-one million coins accounted for at once: mined, unmined, lost and held.
The Real Float
The supply cap walked down to the coin that could realistically be bought today.
Cost Basis Heatmap
The prices at which the supply last changed hands, mapped across the whole history.
Wallet Distribution
Where the coins sit once holders are sorted by how much each of them is carrying.
Accumulation Trend
Whether the network as a whole has been adding to balances or shedding them.
Bitcoin Institutional Holdings
Bitcoin held at institutional scale: funds, company balance sheets and governments.
Realised Cap HODL Waves
Which coin ages hold the network’s invested capital, rather than which hold the coins.
STH Cost Distribution
How the prices recent buyers paid are spread out, rather than reduced to one average.
LTH Cost Distribution
How the prices aged supply paid are spread, across years rather than months.
Apparent Demand
Whether the market is soaking up coin quicker than fresh coin turns up for sale.
Bitcoin Retail Holdings
What the smallest address cohorts are doing, ranked against their own history.
Cost Basis by Wallet Size
What the largest wallet cohorts paid for their coins, estimated and drawn against spot.
Supply by Vintage Year
Which buying era still holds its coins, grouped by the year each one last moved.
Where the Supply Sits
Every age cohort over every day, drawn as a map so cohorts can be followed as they age.
Supply Circulation Map
Coin graduating into the seasoned bands, weighed against coin dropping back out of them.
Comfort Zone
The price band inside which most current holders are in profit, and how crowded it is.
Estimated Leverage Ratio
How much leveraged exposure the market carries against the collateral actually sitting on exchanges.
Cumulative CVD
The running balance of aggressive buying against aggressive selling, since the record begins.
Futures Liquidation Profile
Where forced closures have clustered by price level, rather than by the date they happened.
Futures Open Interest by Exchange
How leveraged exposure is split across venues, and what happens when one carries too much.
Whale Index
The flow attributable to the largest participants, read separately from the crowd.
Volatility Waves
The prevailing volatility regime, read as a slow wave rather than a daily print.
Volatility Directional Bias
Whether the market’s biggest ranges are landing on up days or on down days.
Entropy
How much genuine structure sits in price action, and how much of it is noise.
Bitcoin Return Distribution
The real shape of daily returns, including the tails a bell curve refuses to admit.
Volatility Comparison
Bitcoin’s realised movement set beside its peers rather than only against itself.
Profit / Loss Ratio
Whether the seller setting today’s tape is banking a gain or taking a loss.
Cash Extracted
Gains that have genuinely walked away, as opposed to gains sitting on a screen.
Sell-Side Risk by Age
How hard each age cohort is selling relative to its own size, not in raw dollars.
Active MVRV
The valuation question asked of the coin that actually circulates, not the whole supply.
LTH MVRV
The distance between what seasoned coin is worth now and what was paid for it.
STH MVRV
Where the twitchiest money in the market stands against a very recent purchase price.
STH Profit / Volume Ratio
How well the newest money is being paid for the coin it is actually parting with.
Hashprice
What one unit of mining work earns, rather than what the whole industry takes in.
Production Cost
What it costs the network to produce a coin, and where price sits against that.
Miner Stress
Several pressures on mining folded into one reading, where agreement is the point.
Revenue
The total the network pays out, and how much of it comes from fees rather than issuance.
Yardstick
Price judged against the work securing the network, rather than against what holders paid.
Active Addresses
The nearest thing available to a count of people genuinely using the network.
Mining Stocks
Listed miners set against the asset they mine, which is the comparison that decides.
Avg Fees / Block
What a block earns in fees once block-timing luck is taken back out of it.
UTXOs Spent
How many pieces of coin the network consumed, read against how many it made.
Adoption Value
Whether the people using the network have kept up with what the network is worth.
Daily Volume
How much changed hands each day, measured against what this market has lately done.
Volume Momentum
Whether participation is building or draining, measured against this market’s own baseline.
Liquidity Correlation
How closely Bitcoin has been moving with the pool of capital already sitting in stablecoins.
Volume: Effort vs Result
What the trading achieved, as the money it has been taking to move price one percent.
Density Nodes
The price levels this market keeps returning to, drawn from how long it has stayed at each.
CGDI
A second summary of derivatives posture, built from different inputs to the first.
OI Ratio
Which instrument the market is leaning on, and why the two behave so differently.
Derivative Load
How much leverage the market carries relative to its own size, rather than in dollars.
Realised Capital Flow
The money genuinely committing to the network each day, rather than the value being traded.
Capital Multiplier
How far each dollar of fresh capital travels once it meets a market this thin.
Stablecoin Flows
Whether dollars are entering the system, and whether Bitcoin is the thing capturing them.
Institutional Flows
The share of capital flow that comes from vehicles the dashboard can actually name.
Z-Score Probability Waves
Price restated as distance from its own average, on a scale that travels across assets.
Omega Score
Several measures blended into one percentile, built to be informative only at its edges.
Adaptive Trend Model
A regime call that holds until price clears a threshold scaled to the market’s own noise.
Stablecoin Market Cap
The pool of dollars already converted and sitting on-chain, waiting to be spent or not.
Stablecoin Momentum
Whether dollars are being created faster or slower than this market has lately managed.
Stablecoin BP Ratio
The dollar pool scaled to the size of the asset it could buy, rather than counted in dollars.
Stablecoin Issuer Composition
How the supply splits across issuers, and how much of the market rests on one balance sheet.
Stablecoin Chain Migration
Which chains hold the dollars, and what a sustained shift between them is telling you.
URPD Profit / Loss
How much supply last changed hands at each price, split either side of today’s.
URPD Support / Resistance
Where cost basis bunches tightly enough to have mattered, and how it sits around spot.
URPD Supply Stress Curve
The share of supply in profit at any price, which turns the distribution into a what-if.
URPD Supply Migration
Which bands are taking on cost basis and which are giving it up, rather than where it sits.
M2 Money Supply
The broad money stock plotted against the assets people buy to escape it.
Inverse DXY
Bitcoin against the dollar index turned upside down, so both lines point the same way.
VIX Fear Gauge
What equity markets expect the next month to feel like, read as a gauge of nerve.
Fed Policy
The policy rate and the balance sheet together, because either alone is half the story.
Net Liquidity
The balance sheet after the money parked out of reach is taken back out.
Inflation
Consumer prices against the target, because inflation is what limits how much easing is available.
Real Yields
Government yields after inflation, which is what holding a non-yielding asset actually costs.
Yield Curve
What lenders charge for time, and what the shape of that charge implies about growth.
Credit & Conditions
What riskier borrowers pay above governments, which tends to move before equities do.
Labor Market
Weekly jobless claims, the fastest employment reading available and the noisiest.
PMI Business Cycle
A survey of the people placing orders, read against the line dividing growth from decline.
GDP Growth
The broadest measure of output, and the slowest, which is the point of having it here.
Macro Grip
How much of Bitcoin’s movement the macro channels currently account for, and no more.
Mean Reversion Oscillator
How stretched the market is against its own history, read on deliberately slow closes.
Velocity RSI
How persistent the pressure is, which is why it can stay pinned through a whole trend.
Stochastic
An oscillator scaled to its own recent range, which is why it travels edge to edge so often.
Trend Spectrum
The same trend measure at five horizons at once, so the week and the year can be compared.
Net Flow
Which way coin is moving on and off venues, smoothed enough to be readable.
Supply Ratio
What fraction of all the coin ever issued is parked where a sale takes seconds.
Dominance
Each venue’s share of the coin held on exchanges, read as a question about custody.
Coinbase Premium
The gap between one venue’s price and the global market, read as a clue about who is buying.
Altcoin Season Index
One number for whether money is backing Bitcoin or backing everything else.
BTC Dominance
Bitcoin’s share of the market’s total value, which rises whenever it is winning.
Advance / Decline
How many assets rose against how many fell, accumulated day after day.
Altcoin Breadth
How much of the field is currently sitting under its own slow trend line.
Macro Correlation
Whether this asset actually moves with shares, with gold or with the dollar.
Flow Breadth
How widely the buying is shared across the funds, rather than what the total says.
Assets Under Management
What the funds hold, split into money actually paid in and gain added on top.
Unrealised P&L
What the complex is up or down in money against what it actually paid.
Issuer League
Every spot fund ranked by what it holds, with its share of the whole complex.
Total Flow
The running total of money committed since launch, rather than the daily rate.
Flow Drawdown
How far committed capital has retraced from its high, which is not a price measure.
Flow Size
How much money is moving, with the direction deliberately stripped out.
Days of Issuance Bought
Fund buying set against the new coin created that day, on a scale where one is parity.
Cost Basis
The average price this holder base paid, which is a level people actually respond to.

