2024

New features, improvements and bug fixes.

19th July 2024

Improvements

• We updated our labels for Mt. Gox Trustee and Kraken to take into account the recent transfer of creditor funds.

9th July 2024

Feature

Metrics release

Released the following metrics for BTC

• Short Term Holder Relative Unrealized Loss

• Long Term Holder Relative Unrealized Loss

• Short Term Holder Relative Unrealized Profit

• Long Term Holder Relative Unrealized Profit

• Number of New Runestones

• Relative Number of New Runestones

• Total Number of Runestones

• Rune Transaction Fees

• Relative Rune Transaction Fees

26th June 2024

Feature

Metrics release

• Bitcoin Sharpe Signal Short (daily and hourly resolutions!)

• BSS Goldilocks Short

New trading signals are designed to help institutional investors identify high-confidence shorting opportunities. More details in our article

Improvements

• Updated Coinbase Exchange balance

We have added new labels to the Coinbase entity. Previously, these labels were associated with Coinbase Custody in our database. However, we have decided to discontinue this distinction as differentiation from an on-chain perspective is not always clear-cut. Consequently, the data reflects a significant increase in funds attributed to Coinbase’s overall balance.

25th June 2024

Feature

• Released German Government Balance metric

Improvements

• The computation method of the following metrics for BTC was improved by using prices with a higher resolution: NVT, Velocity, Marktcap, MVRV, HashRibbon

• An issue in the computation of the Change-Adjusted Median Transfer Volume for BTC was resolved due to which zero-valued outputs were discarded.

• In the computation for Deltacap (BTC) we now include a larger initial range of prices, due to which the data is slightly modified.

• An issue in the computation of the metric Adjusted Supply (BTC) was identified and resolved.

• In consistency with other metrics, UTXOs that were created before the first price data point are no longer discarded but instead used with the first available price. Affected metrics (BTC): LTH NUPL, STH NUPL, LTH MVRV, STH MVRV

• An issue was addressed due to which non-claimed mining rewards were not properly discarded when computing the Bitcoin Circulating Supply.

13th June 2024

Improvements

• Updated CoinEx Exchange balance

4th June 2024

Improvements

• Updated Kraken Exchange balance

28th May 2024

Improvements

• Updated Bitget Proof of Reserves balance

27th May 2024

Improvements

• Updated Estimated Grayscale Bitcoin ETF Balance

• Updated Balance on Exchanges – Gate.io

• Updated Balance on Exchanges – Okex

• Updated Balance on Exchanges – Bybit

• Updated Balance on Exchanges – Bitget

• Updated Balance on Exchanges – Binance

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21th May 2024

Improvements

• Updated Exchange and Proof-of-Reserves Labels for Bitget

11th Apr 2024

Features

• Metrics release

  • Estimated Bitwise Bitcoin ETF Balance (BITB) [BTC]

  • Realized Cap by Age [USD]

  • Realized Cap by Wallet Size [USD]

  • Market Cap by Age [USD]

  • Market Cap by Wallet Size [USD]

  • MVRV by Age

  • MVRV by Wallet Size

  • Realized Price by Age [USD]

  • Realized Price by Wallet Size [USD]

  • Realized Loss by Age [USD]

  • Realized Loss by LTH/STH [USD]

  • Realized Loss by Wallet Size [USD]

  • Realized Profit by Age [USD]

  • Realized Profit by LTH/STH [USD]

  • Realized Profit by Wallet Size [USD]

  • SOPR by Age

  • SOPR by LTH/STH

  • SOPR by Wallet Size

  • Spent Volume in Loss by Age [BTC]

  • Spent Volume in Loss by LTH/STH [BTC]

  • Spent Volume in Loss by Wallet Size [BTC]

  • Spent Volume in Profit by Age [BTC]

  • Spent Volume in Profit by LTH/STH [BTC]

  • Spent Volume in Profit by Wallet Size [BTC]

  • Spent Volume by Age [BTC]

  • Spent Volume by LTH/STH [BTC]

  • Spent Volume by Wallet Size [BTC]

  • Supply by Age

  • Supply by Wallet Size

27th Mar 2024

Features

• Metrics release

  • Estimated BlackRock Bitcoin ETF Balance (IBIT)

  • Bitcoin: Power-Law Model

18th Mar 2024

Features

• Metrics release

  • Uniswap v3 Mean Active Value Locked (AVL)

  • Uniswap v3 Mean Active Value Locked (AVL) per Fee Tier

  • Uniswap v3 Total Value Locked (TVL) per Fee Tier

  • Uniswap v3 Fees per Fee Tier

  • Uniswap Total Pools Created

  • Uniswap v3 Pools Created per Fee Tier

  • Uniswap Total Trade Count

  • Uniswap Traded Volume per Size Cohort

  • Uniswap Traded Volume per Token Type

15th Mar 2024

Improvements

• Updated Bitstamp balance

14th Mar 2024

Improvements

• Updated Bitstamp Proof of Reserves (PoR)

13th Mar 2024

Improvements

• Manually updated the labels for F2Pool

• Updated US Government Balance

8th Mar 2024

Improvements

• Updated Binance Proof of Reserves (PoR)

6th Mar 2024

Improvements

• Updated Total OTC Desks balance

1st Mar 2024

Features

• Metrics release

  • Estimated VanEck Bitcoin ETF Balance (HODL)

  • Estimated WisdomTree Bitcoin ETF Balance (BTCW)

  • Estimated Franklin Templeton Bitcoin ETF Balance (EZBC)

29th Feb 2024

Improvements

• Updated Coincheck balance

28th Feb 2024

Features

• Metrics release

  • Spot Volume

  • Spot Volume Intraday

  • Spot Buying Volume Intraday

  • Spot Selling Volume Intraday

  • Spot Cumulative Volume Delta (CVD)

  • Spot Volume (Stacked)

  • Spot Volume (Latest 24h)

23rd Feb 2024

Features

• Metrics release

  • Futures Funding Rate Perpetual All V2

  • Futures Funding Rate Perpetual V2

We are transitioning to a new methodology for calculating the open interest-weighted funding rate. The following metrics are not going to be updated from 05/22/24:

• Futures Funding Rate Perpetual

• Futures Funding Rate Perpetual All

Please use their newer versions.

21st Feb 2024

Improvements

• Updated Bitstamp labels

16th Feb 2024

Features

• Dashboards Pre-set release

  • BTC ETFs

15th Feb 2024

Features

• Metrics release

  • Bitcoin: US Bitcoin Spot ETF Balances

  • Bitcoin: US Bitcoin Spot ETF Flows

  • Bitcoin: US Bitcoin Spot ETF Balances (Latest 24h)

14th Feb 2024

Improvements

• The value range for the metrics "Inscriptions Transaction Count Share", "Inscriptions Block Size Share" and "Inscriptions Fee Share" was changed from 0-100 to 0-1.

8th Feb 2024

Improvements

• Updated Binance Proof-of-Reserves

6th Feb 2024

Features

• Metric release

  • Bitcoin Sharpe Signal

2nd Feb 2024

Improvements

• Updated Bitstamp Proof-of-Reserves

23rd Jan 2024

Features

• Dashboards Pre-set release

  • BTC: Percent Supply in Profit/Loss

19th Jan 2024

Features

• Metric release

  • Estimated Grayscale Bitcoin Trust ETF Balance