Bitcoin On-Chain Analytics Hub

Bitcoin On-Chain Analytics

Start here when you need the quickest route to the right chart: the framework for a market read, a guide page to compare signals, or a live chart when you already know the metric.

Start with Bitcoin Analysis Framework Explore the main sections
Trust strip

What grounds this hub

Start here for the big picture, then move to the page that answers the next question cleanly.

Author

Axel Adler Jr.

Institutional Bitcoin research positioned around on-chain, derivatives, ETF flow, and macro regime interpretation.

Method

Start broad, then narrow it down

Get the market read first, then move to the chart that answers the question in front of you.

Cadence

Live pages carry their own dates

This page points you to the library. Each live chart shows its own latest effective data date.

Data positioning

Market structure over noise

Core pages combine cost basis, holder profitability, exchange movement, ETF demand, derivatives pressure, and sentiment.

Topic overview

What is Bitcoin on-chain analytics?

On-chain analytics is not one chart. It is the study of settlement data, holder cost basis, realized profitability, exchange movement, liquidity, and leverage across the Bitcoin market cycle.

Bitcoin on-chain analytics reads what the network itself reveals: where coins last moved, whether holders are in profit, when capital is moving onto exchanges, and whether leverage or spot demand is shaping the market.

Start with the Bitcoin Analysis Framework if you want a quick market read. Move into Holder Behavior, Liquidity Flows, or Derivatives when you need to compare related signals. Open a live chart like MVRV Ratio, NUPL, Realized Price, SOPR, Funding Rates, or Exchange Netflow when you want the current reading on one metric.

Start here if: you want to understand the field, choose the right path, and avoid jumping into the wrong chart too early.

Go deeper when: you know which metric you need and want to see the live reading in context.

Start here

Start here if you want market context before digging into one indicator.

Framework

Bitcoin Analysis Framework

A quick way to read the market across structural, tactical, and trigger signals.

Best for: live market context
Valuation

MVRV Ratio

Start here when the question is whether Bitcoin is stretched relative to aggregate holder cost basis.

Best for: cycle stretch
Cost basis

Realized Price

Use the market’s on-chain cost basis anchor to judge support, stress, and distance from fair value.

Best for: cost-basis context
Flow

Exchange Netflow

Check whether coins are moving onto exchanges or leaving them, and whether flows support accumulation or distribution.

Best for: sell-side pressure
Derivatives

Funding Rates

Gauge whether leverage is pushing too far to one side and whether the futures market is overheating.

Best for: leverage pressure
Browse by question

Live metrics by use case

Start with the question, then open the chart that answers it.

Where are we in the Bitcoin cycle?

FrameworkMVRVNUPLRealized Price

Is BTC rich, fair, or compressed?

Realized PriceRealized Price BandsMVRV RatioCVDDRainbow Chart

Are holders taking profit, resetting, or still holding firm?

Holder BehaviorSupply in ProfitReserve Risk

Is spot demand or exchange pressure driving price?

Exchange NetflowCoinbase PremiumETF Flow Monitor

Is leverage getting dangerous?

Funding RatesOpen InterestFear & Greed
Core guides

Follow the main paths before picking one metric

These pages help you compare the main signals before you zoom in on one chart.

On-chain analysis makes more sense when you look at related metrics together. Use these guide pages to compare holder behavior, liquidity, derivatives, and cycle context, then open the live chart that answers the next question.

Holder behavior and cost basisShort-term versus long-term holder structure, profitability, cohort conviction, and where stress or reset is building. Liquidity and demand flowsExchange movement, Coinbase Premium, ETF demand, reserve pressure, and spot-liquidity context. Derivatives and positioningFunding, open interest, leverage pressure, and when futures confirm or distort spot moves. Frameworks and cycle modelsUse the framework, Rainbow Chart, and Price Forecast when you need regime context instead of one isolated metric.
Browse by type

Frameworks and models

Use these pages when you want a market read that pulls several signals together, or when you need a longer-term valuation view.

Framework

Bitcoin Analysis Framework

A market read that combines structural, tactical, and trigger signals in one place.

Best for: market context
Model

Bitcoin Price Forecast

Power Law trend framing for long-range price structure and cycle path assumptions.

Long-horizon model context
Model

Bitcoin Rainbow Chart

Volatility-adjusted valuation framing for long-term cycle stretch and compression zones.

Macro valuation view
Model

Bitcoin CVDD

Structural valuation floor model built from destroyed coin days, with 2.5x and 5x cycle multiples above the base line.

Long-cycle floor context
Flow monitor

BTC US ETF Flow Monitor

Live ETF demand context that sits between a single indicator page and a broader market framework.

Demand-context bridge
FAQ

FAQ

Bitcoin on-chain analytics studies the blockchain ledger and related market plumbing to understand holder cost basis, profit and loss, exchange behavior, liquidity, and leverage. The goal is not to memorize one metric, but to interpret how different signals interact across the market cycle.
This page is the front door to the chart library. Use it to choose the right section first, then open the chart that answers the next question.
Start with the Bitcoin Analysis Framework. Then move to the chart you need next: valuation via MVRV, cost basis via Realized Price, flow via Exchange Netflow, or leverage via Funding Rates.
Frameworks help you read the market using several signals together. Models help with longer-term valuation and cycle context. Live metric pages focus on one indicator and its current reading.
No. This page is a guide to the chart library. Each live chart page shows its own latest effective data date inside the publishing pipeline.
You can explore valuation, holder behavior, cost basis, exchange and ETF flows, liquidity, derivatives positioning, sentiment, miner behavior, and cycle frameworks from here.