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Price Chart

Historical Price in USD
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The asset price chart tracks historical price performance.
Why it matters
Bitcoin is often referred to as digital gold due to its hard cap of 21 million coins. Comparing Bitcoin’s price performance directly with physical gold helps investors track whether Bitcoin is acting as an inflation hedge and how its growth rate compares to traditional store-of-value assets. It also allows you to compare other cryptocurrency assets with bitcoin and helps determine whether price changes are correlated to bitcoin.
How to read the chart
  • Use this chart as a baseline to identify long-term macro cycles.
  • Compare the slopes of the Bitcoin and Gold lines to evaluate which asset is attracting more capital relative to its size over specific market cycles.
Methodology
Asset prices are calculated using an equally weighted average from the highest volume exchanges. If data is missing for a specific interval, a time-weighted average of the surrounding known price points is used to maintain data continuity.
This chart tracks the total value of all coins transferred across the network at a certain time, measured in US Dollars. It excludes "self-send" transactions (where coins are sent to the same wallet) to ensure data accuracy.
Why it matters
High USD transaction volume indicates that the asset is actively being used for commerce, trading, or institutional transfers. A rising trend in volume during a price increase confirms strong market demand, whereas a divergence (rising price on falling volume) can suggest that the upward trend lacks real support.
How to read the chart
  • Spiking Volume: High economic activity. This often occurs during periods of high volatility, major news events, or at the peak of bull/bear cycles.
  • Dwindling Volume: Low interest and low liquidity. This is common during sideways consolidation phases or late-stage bear markets, showing that retail and institutional participants have gone quiet.
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 tracks the total amounts of a coin transferred on-chain during a time frame. It excludes change addresses and self-sends for better accuracy.
Why it matters
Unlike the USD volume chart, which is heavily influenced by a coin's price fluctuations, this chart measures the pure quantity of an asset moving across the blockchain. It helps you see the physical velocity of the asset itself.
How to read the chart
  • High Token Volume: High economic activity which often occurs during periods of high volatility, major news events, or at the peak of bull/bear cycles.
  • Low Token Volume: Indicates there is low market interest and very few coins are exchanging hands.
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 asset transactions were made during a specific period.
Why it matters
Transaction count is a key health check for asset utility. A growing transaction count shows expanding adoption and network usage. However, transaction count should always be analyzed alongside volume: a high count with low volume suggests cheap micro-transactions, whereas a high count with high volume indicates a booming economy.
How to read the chart
  • 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 in USD graph calculates the average US Dollar value per single transaction during the selected timeframe.
Why it matters
The metric serves as a direct indicator of who is driving the market. When the average transaction size is low, the market is mostly retail-driven. When the average transaction size spikes, it indicates that institutions, OTC desks, and whales are actively moving large blocks of capital.
How to read the chart
  • Rising average size (spikes): Indicates large-scale institutional or whale activity. Spikes often precede major price swings, as high-value transfers typically involve wallets positioning themselves to buy or sell in bulk.
  • Falling or low average size: Indicates that transaction activity is dominated by smaller, retail-level transfers, which is typical during quiet, consolidation periods.
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.
Why it matters
By analyzing the transaction sizes per token, you can bypass USD valuation changes to identify periods of heavy whale movement. Large transfers in tokens represent significant wealth transfer on the blockchain.
How to read the chart
  • High Spikes: High-volume wallet movement. This is a classic sign of whale activity, exchange rebalancing, or large institutional OTC deals.
  • Flat/Low Levels: Transactions are dominated by small fraction-of-a-coin transfers, indicating typical retail use and small-scale trading.
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 Profit Ratio (ABPR) measures the ratio between the selling price of moved coins and the average purchase price (cost basis) of the sending wallets. It is a highly refined variation of the classic SOPR (Spent Output Profit Ratio).
Why it matters
Standard SOPR only looks at the single previous transaction price. ABPR is much more accurate because it calculates the actual average price at which wallets accumulated their coins over time. This gives you a true reading of seller profitability and overall market sentiment.
How to read the chart
  • Ratio > 1.0 (Above the Red Line): The average moved coin is being sold at a profit. In a strong bull market, the ratio staying consistently above 1.0 indicates healthy profit-taking support.
  • Ratio = 1.0 (On the Red Line): This is the break-even point. During bull market corrections, the ratio often dips to 1.0 and bounces back, as investors refuse to sell at a loss, turning break-even into a support level.
  • Ratio < 1.0 (Below the Red Line): The average moved coin is being sold at a loss. A prolonged ratio below 1.0 is typical of bear markets, showing capitulation and widespread market distress.
  • Holder Filters: Use the filters to switch between "Market" (all market participants), "Long-Term Holders" (investors holding >6 months) and "Short-Term Holders".
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.
Further Reading
The Potential Profit chart estimates the total "paper wealth" (unrealized profit or loss) currently held by all coin investors, showing the potential profits or losses if every holder were able to sell at today's market price.
Why it matters
Potential Profit is a powerful tool for spotting market tops and bottoms. When unrealized profits reach extreme highs, the temptation for investors to cash out becomes overwhelming, which historically triggers major sell-offs. Conversely, when unrealized profit drops near zero or goes negative, sellers are exhausted, and the market enters a low-risk accumulation phase.
How to read the chart
  • High Positive Values (Green Bars): The market is sitting on massive paper gains. Watch for potential trend reversals here, as profit-taking pressure builds up.
  • Negative Values (Red Bars): The aggregate market is in a net loss (underwater). Historically, prolonged periods in the negative zone represent the absolute bottom of bear markets—ideal times for long-term accumulation.
Methodology
To calculate the market value of the potential profit, every unique wallet address' current profit (current price minus the address' average buy price multiplied with the balance of the address) is aggregated. 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 chart shows the average unrealized or "paper" profit or loss carried by each circulating coin.
Why it matters
While the total Potential Profit chart is influenced by the growing supply of a coin, this metric normalizes the data on a per-coin basis, which allows you to compare the profitability of different market cycles (e.g., comparing 2017 to 2021 and 2025) on an equal footing.
How to read the chart
  • High Positive Values (Green Bars): The market is sitting on massive paper gains. Watch for potential trend reversals here, as profit-taking pressure builds up.
  • Negative Values (Red Bars): The aggregate market is in a net loss (underwater). Historically, prolonged periods in the negative zone represent the absolute bottom of bear markets—ideal times for long-term accumulation.
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
Continuous HODL measures the average length of time in days that coins are held in wallets before being spent. The calculation is weighted by balance, meaning the holding patterns of larger wallets (whales) have a stronger impact on the score.
Why it matters
This is one of the most critical metrics for assessing long-term investor conviction. When this number is rising, it means investors are holding onto their coins longer, locking up supply and creating a "supply shock" that can push prices up. When it falls, it means older, dormant coins are being moved—a sign that long-term holders are distributing their coins to the market.
How to read the chart
  • Rising Line: Investors are holding or accumulating. The liquid supply on the market is shrinking, which supports price growth.
  • Declining Line: HODLers are starting to move or sell their coins, which increases sell pressure and often precedes major market peaks.
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 represents the average price at which all outstanding coins were transferred or purchased. It acts as the collective "cost basis" for the entire asset supply.
Why it matters
Historically, the Average Buy Price acts as a solid floor for an asset's price, especially Bitcoin. During severe bear market bottoms, the market price often dips slightly below this average buy price, representing a zone of maximum capitulation and a generational buying opportunity. In bull markets, the market price stays well above this line.
How to read the chart
  • Rising Trend: Indicates that market participants are accumulating coins at higher prices, which raises the overall cost basis of the network. This is typical of bull markets.
  • Declining Trend: Indicates that holders are buying coins at lower prices (averaging down) or that older coins bought at higher prices are being sold at a loss. This is typical of bear markets.
  • Market Price vs. Average Buy Price: When the market price crosses below the Average Buy Price line, it indicates the average holder is in a net loss. This has historically marked the bottom zone of every major bear market.
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
Realized Profit tracks the locked-in profits or losses made by all holders certain time. It is calculated by comparing the price of a coin at the time it is transferred against the average buy price of the holder with the result multiplied by the amount moved.
Why it matters
Unlike the market price (which only shows temporary "paper" gains or losses), this chart reveals when investors are actually taking money off the table. Large spikes in realized profits often signal market tops (investors cashing out), while deep realized losses indicate capitulation (panic-selling), which historically marks market bottoms.
How to read the chart
  • Positive (Green) Bars: Show that holders are selling at a profit, typical of a healthy bull market. Beware of extremely tall green spikes, as they indicate heavy profit-taking that can trigger price pullbacks.
  • Negative (Red) Bars: Show that holders are selling at a loss. Massive red spikes indicate capitulation (panic-selling by "weak hands"), which often exhausts sellers and sets the stage for a price rebound.
  • Holder Filters: Use the filters to switch between "Market" (all market participants), "Long-Term Holders" (investors holding >6 months) and "Short-Term Holders".
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
Comparable to the Realized Profit graph, the per token graph tracks the average dollar profit or loss locked in for each individual coin transferred during the selected period. For instance, a value of -$1500 for BTC means that on average each BTC was transferred at a loss of $1500.
Why it matters
Standard realized profit can look massive simply because a large volume of coins was moved, even if the profit per coin was tiny. This metric filters out transaction volume to reveal the pure profit intensity of the coins being traded. It helps you see if the average seller is making massive gains per coin or just breaking even.
How to read the chart
  • Positive (Green) Bars: Show that holders are selling at a profit, typical of a bull market. Beware of extremely tall green spikes, as they indicate heavy profit-taking that can trigger price pullbacks.
  • Negative (Red) Bars: Show that holders are selling at a loss. Massive red spikes indicate capitulation (panic-selling by "weak hands"), which often exhausts sellers and sets the stage for a price rebound.
  • Holder Filters: Use the filters to switch between "Market" (all market participants), "Long-Term Holders" (experienced investors holding >6 months, whose cashing-out behavior marks macro peaks) and "Short-Term Holders" (new speculators who panic easily during minor drops).
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 graph tracks the average holding time of a coin at the time of transfer.
Why it matters
While Continuous HODL looks at coins sitting still, the Realized HODL looks at the coins that are moving. It tells you whether current transaction activity is dominated by short-term traders shuffling new coins, or if long term holders are finally moving their old, long-held coins.
How to read the chart
  • Spikes / High Values: Veteran investors are moving old coins (long-term HODLers cashing out). This historically happens during major bull runs as old-timers realize profits, which can increase the real circulating supply and lead to a market top.
  • Low / Flat Values: Assets 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
Total Supply displays the total circulating amount of a specific stablecoin across all supported blockchains or selected chain.
Why it matters
Stablecoins represent the cash reserves or liquidity of the crypto economy. A growing total supply means more capital is sitting in digital dollars on the blockchain, ready to be deployed to purchase Bitcoin and altcoins. A shrinking total supply indicates that capital is exiting the system, reducing the available fuel for market growth.
How to read the chart
  • Upward Trend: Indicates an expanding liquidity pool. The market's purchasing power is growing, creating a supportive environment for price appreciation.
  • Downward Trend: Indicates the liquidity pool is contracting. Capital is exiting the digital ecosystem, which often signals a bearish phase or lack of follow-through in price runs.
  • Blockchain Breakdown: Use filters to see which blockchains (e.g., Ethereum, Tron, Solana) hold the most stablecoin supply, helping you identify where the actual transaction liquidity is concentrated.
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
This chart compares the creation of new stablecoin tokens (Mints) against their destruction (Burns). Stablecoins are burned when holders redeem their digital assets back to the issuer in exchange for physical USD or when they are swapped for stablecoins on a different blockchain.
Why it matters
This metric provides a net view of stablecoin capital flows on-chain. A net positive flow (more mints than burns) implies new capital is actively entering the crypto market, while a net negative flow (more burns than mints) shows liquidity is exiting.
How to read the chart
  • Green bars: Total US dollar value of mints during a period.
    • Red bars:
  • Total US dollar value of burns during a period.
Further Reading
A stablecoin mint is the process of creating new digital tokens (like USDT or USDC). This happens when buyers deposit traditional physical currency (like USD) into the issuer's reserve account, and the issuer creates and sends the equivalent digital tokens on-chain.
Why it matters
Minting is the primary gateway for new capital to enter the crypto ecosystem. When large-scale minting occurs, it signals that institutional investors are possibly moving cash off the sidelines and into the digital asset space. This represents an increase in purchasing power (liquidity) and is historically a leading indicator of upward price pressure on major assets like Bitcoin.
How to read the chart
  • Spiking Mints (High Bars): Indicates a sudden, large influx of cash on-chain. Watch for these spikes during periods of high market interest, as they often precede or support upward price rallies, but make sure to account for swaps (burning stablecoins on one chain and minting on another).
    • Low or Flat Mints:
  • Suggests that new capital entry has slowed down, showing low institutional interest or that investors are keeping their funds in traditional fiat.
Further Reading
Market Capitalization (Market Cap) is the total market value of an asset's circulating supply (Total Coins × Current Market Price).
Why it matters
Market cap is the primary metric used to measure an asset's size, growth, and dominance relative to other cryptocurrencies and traditional asset classes (like gold or stocks). As the market cap grows, an asset becomes more liquid and less susceptible to wild price swings, though it also requires significantly more capital inflow to double in price.
How to read the chart
  • Compare the Market Cap line with the price line to see how the issuance of new coins (mining supply) impacts the total network valuation over time.
  • Use this chart to assess an asset's scale relative to other cryptocurrencies, global fiat currencies or commodity markets.
Methodology
The market capitalization is calculated by multiplying the current asset price by its total circulating supply.