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?
A new feature: HODL Waves are also available with BTC price.
New chart: HODL Waves
Today, we introduce the HODL Waves chart to the Bitcoin Is Data portfolio: https://bitcoinisdata.com/hodl_waves/
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!
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 https://bitcoinisdata.com/ 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.
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The Bitcoin Is Data team
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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!
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.
https://bitcoinisdata.com/hash_ribbons/
Tick tock, next block.
Yesterday was a pretty good day to be a miner. Some blocks got almost 2 BTC just in fees, in addition to the standard 6.25 BTC block subsidy.
Direct link to the visualization: https://bitcoinisdata.com/revenue_2/
Yesterday was a pretty good day to be a miner. Some blocks got almost 2 BTC just in fees, in addition to the standard 6.25 BTC block subsidy.
Direct link to the visualization: https://bitcoinisdata.com/revenue_2/
Yesterday was a pretty good day to be a miner. Some blocks got almost 2 BTC just in fees, in addition to the standard 6.25 BTC block subsidy.
Direct link to the visualization: https://bitcoinisdata.com/revenue_2/
Exciting news for all #Bitcoin data enthusiasts out there! We just launched new features in https://bitcoinisdata.com 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 https://bitcoinisdata.com 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!
We have a lot of good news to announce tomorrow!
We are pleased to announce that we now accept donations via the Lightning Network!
If you would like to buy us a coffee, simply visit https://bitcoinisdata.com/donations, select the amount in sats you wish to donate, and scan the QR code using your app.
We appreciate your support!