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Bitcoin Is Data
bitcoinisdata@bitcoinisdata.com
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Beautiful visualizations of challenging Bitcoin metrics, with raw data available in CSV/XLSX/JSON formats. Updated hourly. www.bitcoinisdata.com
Balances Held by Top Addresses – The Bitcoin Rich List Inspired by a post from @TylerDurden on Twitter, we custom-made a new visualization showing the evolution over time of the total BTC balance of the top addresses, i.e., the addresses that hold the most Bitcoin (the BTC Rich List). As far as we know, we are the only on-chain metrics provider that has computed these values. We provide the total BTC balance for the top 50, 100, 200, 500, 1,000, 2,000, and 5,000 addresses. If we superimpose the Bitcoin price and select just one group of top addresses — in this case, the top 500 — we can see that there is no clear interpretation of the impact of this new metric on the price movement. We also created a visualization showing the year-over-year percentage change in the total balance held by the top addresses compared to the Bitcoin price. We also attempted to exclude addresses known to belong to exchanges, but the results weren’t very good. Exchanges are constantly creating new addresses, making it a game of cat and mouse to identify and track all of them. Therefore, we chose to include all top addresses in our charts, regardless of their origin. We'd also like to remind you that all the raw data used to generate the charts on Bitcoin Is Data is available for direct download or via our API, in both .CSV and .XLSX (Microsoft Excel) formats. That’s all for today — have a great one!
Following a user recommendation, we updated the recently launched charts aligning the Bitcoin price with the previous cycle’s price bottom, price top, and halving date: we have aligned the charts with the current cycle’s price scale and date range. This way, you can estimate the price and date for the next Bitcoin top, assuming past cycles serve as a reference. For example, by aligning from the bottom of previous cycles, the next top could reach as high as USD 1.7 million per coin if we follow the pattern of the 3rd cycle, or USD 315,000 per coin if we follow the 4th cycle’s trend. We can also see that the next top will most likely occur between March 2025 and December 2025. Of course, nobody can predict the future, and almost anything can happen, but it's helpful to use past cycles as references to guide us through Bitcoin’s ups and downs. image
New Charts: Bitcoin Price Aligned by Cycle Tops and Bottoms. Today, we introduce two new visualizations of Bitcoin cycles, aligning the price line to start at the date/height of the last cycle's bottom and top. Each cycle consists of 210,000 blocks (a halving era), and prices are normalized to start at 100, allowing for visual comparison of price evolution across cycles. The charts are shown below: * Normalized price aligned by the bottom of each cycle; * Normalized price aligned by the top of each cycle. In the charts, you can select which cycles are displayed. In addition to these two new charts, we have redesigned the chart where the price is aligned by halvings, with the starting point being the halving date/height. That’s all for today—have a great week!
Working on a BID chart showing the weekly/monthly balance changes of the top 100/1,000/10,000 Bitcoin addresses over time. I also want to exclude exchange addresses. Any idea where I can find a list of exchange addresses? image
A new feature: HODL Waves are also available with BTC price.image
New chart: HODL Waves Today, we introduce the HODL Waves chart to the Bitcoin Is Data portfolio: This beautiful chart provides a visual representation of the age distribution of Bitcoin held in wallets over time. It shows how long Bitcoins have been held without being moved, categorized into different time bands. We present the percentage of the total Bitcoin supply that has not moved in each of the following time periods: 15 days; 1, 2, 3, 4, 5, and 6 months; 1, 2, 4 years; and more than 4 years. That’s all for today—have a great one!image
What can I improve on in Bitcoin is Data, an app of charts and onchain metrics? I always wanted to generate all the common Bitcoin metrics myself, only obtaining the data from my full node, not to depend on Glassnode or any other paid service. My initial interest was to generate the time series of the quantity of non-zero addresses, since it correlated so well with the 2017 cycle Bitcoin price peak. It ended up being a journey harder than I originally thought! Eventually, I was able to code a framework to do all the calculations and decided to take advantage of the work to provide free charts and beautiful visualizations on a website, which culminated in launching some time ago. The app also provides the optional ability to download the raw data in .CSV or Microsoft Excel format for just 1,000 sats a month, incredibly cheap compared to other services such as Glassnode or Bitcoin Magazine Pro. Anyway, if you can, please take a look at Bitcoin Is Data and tell me what is missing on the website, what things I can improve on, including everything from website design and usability to what data and metrics I should add next. Thanks a lot! Crosspost from Stacker News: https://stacker.news/items/654619
Explaining the Short and Long Term Holders Threshold: In addition to the traditional 155-day threshold, we provide several other period alternatives. Usually, the threshold between Short Term Holders (STH) and Long Term Holders (LTH) is defined as 155 days (approximately 5 months). This is based on a 2020 study by Glassnode, which found that after 155 days, the likelihood of someone selling their bitcoins drops significantly. However, I always found this threshold quite arbitrary. So here at Bitcoin Is Data, I decided to include various different thresholds. We classify as STH all the coins which moved within less than: 1, 2, 3, 4, 5, 6 months and 1, 2 and 4 years. And we classify as LTH all the coins which were last traded for more time than the same thresholds above. That's why the buttons show, for example, "STH<5m." This is the classic 5-month STH that you will find on other on-chain data websites. In other words, all the coins that were moved within less than five months. But if you want, you can change the threshold that defines what is STH/LTH to another period. Similarly, "LTH>1y," for example, includes all the coins that have not been moved for more than a year. We can see, for example, that right now, on average, all bitcoins purchased in the last 365 days are at break-even, considering their price in dollars (the actual bitcoin price is equal to the realized price of STH<1y): In other words, the average price of all coins moved within less than a year is equal to the current price of bitcoin today. So, on average, all the coins that were bought in the last year are breaking even. Finally, you also have the option to use the “total” button. In this case, you display the Total Realized Price, which is the average price at which coins were bought when they last moved for all the holders, regardless of the period of time that they have been holding them (currently USD 31,240.00). And that’s all for today. Have a great one! www.bitcoinisdata.com
On average, all bitcoins purchased in the last 365 days are at break-even, considering their price in dollars.image
We are giving away three annual subscriptions to Bitcoin Is Data! To enter, simply follow us and repost this tweet. Winners will be randomly selected! The subscription includes: * Full access to all on-chain raw data; * Downloadable .CSV and .XLSX files from our website; * API access. Don’t miss out on this! image
Look Into Bitcoin has transformed into Bitcoin Magazine Pro, charging $99/month for data access via CSV file download or API. Bitcoin is Data offers the same (CSV, XLSX, and API) for just a few sats (starting at 1,000 sats per month). Please help us spread the word.
New chart on Bitcoin Is Data: Hash Ribbons. The faster moving average is growing again and will soon surpass the slower one. This means that the total hash rate, which is correlated with the price, has started to grow again. Thanks to @caprioleio for creating this metric. image
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bitcoinisdata 3 years ago
Exciting news for all #Bitcoin data enthusiasts out there! We just launched new features in website! Now, in addition to the existing charts (block size, miner revenue, hash rate, transaction times, transactions per block, transaction fees), we have added new beautiful visualizations for market cap, inputs, outputs, and difficulty! But that's not all, we also added the ability to download raw data in .CSV and .XLSX formats with a subscription paid in satoshis. Plus, an API to get this data via GET requests in any programming language, all updated in real time. And for those who want to stay up-to-date with our latest articles, sign up for our free newsletter. For registration, only an username and password are required, email is totally optional and required only if you choose to receive the newsletter. So what are you waiting for? Head over to and explore all the new features! if you find our website helpful, don't forget to check out the "About/Donate" section We would really appreciate it!