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Historical Price in USD
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The above graph shows the historical price of an asset.
The graph can be used to uncover price trends and to
find correlation between certain events and price
changes. It is the single most important graph for any
trader.
Methodology
The price of an asset at a certain time is based
on the average price listed on the largest
exchanges with each exchange assigned the same
weight. If no price data is available at a time,
a weighted average based on the previous and
subsequent known price is used.
The Transaction Volume USD graph tracks the aggregate
value of transferred cryptocurrency in USD. Periods of
high volume typically reflect robust network utility and
popularity. Conversely, declining volume may indicate a
contraction in network usage.
- Rising Trend: asset transaction volume is increasing, suggesting stronger market participation.
- Falling Trend: asset transaction volume is decreasing, suggesting weaker market participation.
Methodology
The transaction volume is derived by multiplying
the transaction size (in tokens) by the asset's
price at the moment of transfer for all
transactions during that period. To ensure
accuracy, "Self Send" transactions, where the
sender and receiver are identical, are excluded.
The Transaction Volume Token graph represents the total
volume of a transferred cryptocurrency in tokens during
a period. The volume is calculated based on all
transactions made during that period.
Self-change (i.e. sending the remainder of a transaction
to the originating address) is not included in the
transaction volume.
High transaction volumes may be caused by increased
popularity, whale activity, events such as airdrops or
panic/FOMO etc.
Methodology
The transaction volume token represents the
total sum of tokens transferred in all
transactions within a certain time frame. To
ensure
accuracy, "Self Send" transactions, where the
sender and receiver are identical, are excluded
from this calculation.
The Transaction Count shows how many transactions were
made during a specific period for an asset. The
transaction count is useful to determine network and
asset usage, especially in combination with the volume
charts. High transaction counts may indicate increased
popularity for the asset.
- Rising Trend: network activity is increasing, indicating increased popularity.
- Falling Trend: network activity is decreasing, indicating lower popularity.
Methodology
The transaction count consists of the total
number non-zero value transfers of an asset
during a specific time range. Non-transfer
transactions like mints and burns are excluded.
The Average Transaction Size USD graph provides a window
into market composition. By monitoring the average value
of each transaction, traders can distinguish between
retail-led movements and major capital shifts. Large
spikes often precede or accompany significant price
volatility.
- Rising Trend: average transaction sizes are increasing, suggesting greater institutional or whale participation.
- Falling Trend: average transaction sizes are decreasing, suggesting the market is primarily driven by smaller retail activity.
Methodology
The Average Transaction Size in USD is
calculated by
multiplying the transaction volume amount in
tokens with
the price at the time of transaction for all
transactions during a period of time and
dividing the
result with the total transaction count.
The average volume token graph shows the average
transaction size in tokens for a certain period of time.
It is useful for spotting whale activity which will show
up as spikes in the graph.
Methodology
The average transaction size in tokens is
calculated by
adding up the total token amount transferred
during a
period of time and dividing the result with the
transaction count for that period.
This graph is useful for spotting potential
whale
activity which will show up as spikes in the
graph.
The Average Buy Price Ratio graph displays the ratio
between the sell price and the average buy price of all
transactions during a specific period. This metric is
used to gauge market sentiment and economic performance.
It is more accurate than SOPR, because it takes into
account the average price at which an address acquired
their tokens over time, rather than the price at the
time at which the output was created.
The graph is available for market (all participants), short term holders (average holding time less than 6 months) and long term holders (average holding time longer than 6 months).
The graph is available for market (all participants), short term holders (average holding time less than 6 months) and long term holders (average holding time longer than 6 months).
- Ratio > 1: participants are on average taking profit.
- Ratio < 1: participants are on average selling at a loss.
- Extremes: significant deviations in either direction can indicate low market trust or potential reversals.
Methodology
The ABPR is calculated by summing the realized
profit for every sending address (current price
minus average buy price, multiplied by tokens
transferred). This sum is then divided by the
total value of all transferred tokens at the
current price. The red line indicates the zero
point at which the average sell price is equal
to the average buy price.
The Potential Profit graph illustrates the total
unrealized profit in the market (USD) assuming a
theoretical scenario where every holder sells at the
current market price. A positive value indicates that
the average investor is in profit, whereas a negative
value indicates a net loss. Long periods of low profit
or loss are typical for bear markets.
Historically, high potential profit correlates with increased selling pressure as investors are more incentivized to secure gains. Conversely, periods of low or negative profit often see reduced selling activity. Sustained trends in this metric can effectively identify Bull or Bear market cycles. For instance, on July 14, 2025, BTC showed a potential profit of $1.4 Trillion. This means the aggregate profit of all holders at that specific moment was $1.4 Trillion.
Historically, high potential profit correlates with increased selling pressure as investors are more incentivized to secure gains. Conversely, periods of low or negative profit often see reduced selling activity. Sustained trends in this metric can effectively identify Bull or Bear market cycles. For instance, on July 14, 2025, BTC showed a potential profit of $1.4 Trillion. This means the aggregate profit of all holders at that specific moment was $1.4 Trillion.
- Positive Values: indicates the average investor is "in the money." Sustained high values often signal a mature bull market.
- Negative Values: indicates the aggregate market is at a net loss. Prolonged periods of negative profit are characteristic of bear market floors and accumulation phases.
Methodology
To calculate the value, we aggregate the potential profit of every unique wallet address. We determine the weighted Average Buy Price for each address based on its transaction history.If P is the current market price and Pavg is the weighted average purchase price for a specific address holding Q tokens, the Potential Profit (PP) for that address is:
Further Reading
The Potential Profit per Token graph illustrates the
unrealized profit per available token in the market
(USD) assuming a
theoretical scenario where every holder sells at the
current market price. A positive value indicates that
the average token is being held at a profit, whereas a
negative
value indicates holding at a loss. Long periods of low
profit or loss are typical for bear markets.
- Rising Trend: holder profits are growing, strong growth may increase selling pressure.
- Falling Trend: holder profits are declining, strong declines may trigger market panic.
Methodology
The Total Potential Profit per Token is derived
by
aggregating the potential profit of every
individual token-holding address and dividing
this by the total available supply. This is
recalculated dynamically whenever an address
balance changes. See the Potential Profit graph
for an example calculation.
Further Reading
The Continuous HODL metric measures the average duration tokens remain within a wallet before being moved or sold. By using a balance-weighted calculation, this data emphasizes the behavior of "Whales" (large-scale holders) because their movements have a more significant impact on market liquidity and price stability.
- Rising Trend: indicates a period of accumulation and conviction. Holders are retaining their assets, which often leads to reduced sell-side pressure.
- Falling Trend: suggests distribution or profit-taking. Long-term investors are exiting their positions, potentially increasing the available supply on exchanges.
Methodology
The Continuous HODL value is derived from the weighted average duration, measured in seconds, that tokens stay at a specific address. If an address receives additional tokens, the average HODL time for that address decreases proportionally to the new balance. If the entire balance is transferred out, the HODL time for that specific address resets to zero. The global metric is the sum of all individual address durations weighted by their respective balances.
Further Reading
The Average Buy Price shows the average price in
USD at which holders bought their tokens. A decrease
in
the average buy price indicates that current holders
have averaged down or that new buyers have entered
at a
lower price.
Likewise, an increase in the average buy price
indicated
that holders are buying more at a higher price, or
that
new buyers are entering at a higher price.
Methodology
The Average Buy Price is calculated by
determining the average price at which an
addresses received its balance. Example: ff an
address buys 1 BTC for $30,0000 USD and later
ads 2 BTC for $50,0000, the average buy price is
for per BTC is $43,333. If it transfers 1.6 BTC
and later receives another 4 BTC for a price of
$80,000, the average buy price becomes 1.4 times
$43,333 plus 4 times $80,000 divided by 5.4
which equals $70,493 per BTC.
Further Reading
The Realized Profit metric tracks the net profit or loss locked in by investors over a specific period. It is a primary indicator of market sentiment with each bar representing the net profit realized during a specific period of time. High spikes in realized profit or loss can also serve as leading indicators for potential price volatility or trend reversals. This data is available for the general market, Short-Term Holders (under 6 months), and Long-Term Holders (over 6 months).
- Positive Trend: indicates holders are selling at a profit, typically signaling a bull market.
- Negative Trend: indicates holders are selling at a loss, often signaling a bear market or a period of capitulation.
Methodology
Realized Profit is calculated by taking the sum of the net profits made on transactions during a certain period of time. To determine the net profit of a transaction the average buy price of a sending addresses is subtracted from the price at the time of transaction and the result is multiplied by the transferred token amount.
The Realized Profit per Token is similar to the
standard
realized profit, except for that it shows the
average
profit per token transferred during a period. This
graph
is useful to determine whether the amount of profit
or
loss during a period was caused by an increase (or
lack)
of transactions or a high or low profit/loss per
token
transferred. This data is available for the general market, Short-Term Holders (under 6 months), and Long-Term Holders (over 6 months).
- Positive Trend: indicates tokens are being sold at a profit, typically signaling a bull market.
- Negative Trend: indicates tokens are being sold at a loss, often signaling a bear market or a period of capitulation.
Methodology
Realized Profit is calculated by taking the sum of the net profits made on transactions during a certain period of time. To determine the net profit of a transaction the average buy price of a sending addresses is subtracted from the price at the time of transaction and the result is multiplied by the transferred token amount.
Further Reading
The Realized HODL metric tracks the average age of tokens at the moment they are transacted. By analyzing how long a token was held before being moved, we can determine whether the current market activity is driven by short term speculators or long term investors.
- High Values: indicate that "Old Coins" (tokens held for a long duration) are being moved or sold. This often happens during major price rallies as long term holders realize profits.
- Low Values: suggests that the tokens being moved were recently acquired. This typically signals a period of accumulation or "HODL" behavior by long term investors, as they are not moving their older supply.
Methodology
The average HODL time for an address is calculated using the
weighted average duration (in seconds) that
tokens remain on an address without moving. If an address
receives additional tokens, the average HODL
time decreases and in case the full balance is
transferred out, the HODL time resets to zero. The Realized HODL for a specific period is the total number of HODL time in seconds for all moving tokens, divided by the number of tokens moved.
Further Reading
The total supply of a cryptocurrency is influenced
by
pre-mines, mints, burns, mining rewards and fees. In
the
case of stablecoins a high supply suggests a more
liquid
market and strong increases in supply are generally
considered to have a positive effect on prices.
Large
changes in supply can have strong effects on metrics
such as HODL and ABP.
Further Reading
The Transaction Volume chart for stablecoins serves
as a
key indicator of market liquidity as they are
essential
for both centralized and decentralized exchanges.
An increase in stablecoin volume might indicate that
investors are hedging, but can also signal that new
capital is entering the market.
The transaction volume is expressed in USD value of
the
total amount of tokens transferred by all holders.
Further Reading
The Mints vs. Burns chart shows how many stablecoins
were created or destroyed during a certain time
period.
Mints and burns influence the total supply of a coin
and
the overall sentiment is that mints have a positive
effect on the overall cryptocurrency market as they
increase liquidity. It is important to note that not
all
mints increase the total supply of a stable coin
market
wide; they can also be part of a "chain swap" in
which
stable coins are moved from one blockchain to
another.
Mints are transactions in which new tokens of a
cryptocurrency are created. In the case of
stablecoins,
mints can indicate a conversion of fiat USD to
on-chain
assets such as USDC and USDT. Large mints can have a
positive effect on market sentiment and are
generally
considered to also have a positive influence on
market
liquidity.
The market capitalization or "marketcap" is the
total
dollar value of an assets current existing supply
and is
used by investors to compare an asset's size with
others. The marketcap can be influenced by changes
in
price or total supply


