On-Chain Metrics
Decomposes Long-Term Holder wealth concentration into 5 exact attribution factors: cohort aging, STH capitulation, LTH spending, LTH P/L, and issuance. Shows why LTH concentration rises in bear markets and falls in bull markets. Toggle between Wealth (realized cap) and Supply (BTC) modes.
Check the selected asset, units, and cohort before comparing readings. Compare the metric over consistent dates and use related measures to understand what contributes to a change.
Addresses and on-chain cohorts do not identify individual people. Network designs and available histories differ, so a threshold observed on one asset may not transfer to another.
Decomposes Long-Term Holder wealth concentration into 5 exact attribution factors: cohort aging, STH capitulation, LTH spending, LTH P/L, and issuance. Shows why LTH concentration rises in bear markets and falls in bull markets. Toggle between Wealth (realized cap) and Supply (BTC) modes.
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