#Ethereum speculative action continues, with over $6.12B in outstanding Open Interest for Call Options.
Put options account for a much smaller $1.5B, making for a Put/Call Ratio of 0.25.
This chart is now available as a new Workbench Pre-set
We have also recently expanded our suite of Derivatives Workbench Pre-set charts for both #Bitcoin and #Ethereum.
New charts include:
- Annualized Funding rates
- Futures Leverage Ratios
- Total Futures Liquidations
- Put/Call Breakdowns of Volume and OI
See new Workbench Pre-sets here.
Put options account for a much smaller $1.5B, making for a Put/Call Ratio of 0.25.
This chart is now available as a new Workbench Pre-set
We have also recently expanded our suite of Derivatives Workbench Pre-set charts for both #Bitcoin and #Ethereum.
New charts include:
- Annualized Funding rates
- Futures Leverage Ratios
- Total Futures Liquidations
- Put/Call Breakdowns of Volume and OI
See new Workbench Pre-sets here.
The #Ethereum Merge is now on the horizon, expected to happen next week.
In our latest collaboration with @CoinMarketCap, we explore a suite of new Proof-of-Stake metrics to detail PoS network performance.
Read our new report profiling the Ethereum Beacon Chain
In our latest collaboration with @CoinMarketCap, we explore a suite of new Proof-of-Stake metrics to detail PoS network performance.
Read our new report profiling the Ethereum Beacon Chain
Since the #Ethereum Merge, both the Mean and Median block interval have been a remarkably consistent 12-seconds
The transition from the probabilistic variability of PoW mining, to the engineered precision of PoS blocktime can be seen below.
Live Chart
The transition from the probabilistic variability of PoW mining, to the engineered precision of PoS blocktime can be seen below.
Live Chart
The #Ethereum Merge remains one of the most impressive engineering feats in the blockchain industry.
In this edition, we explore the Merge, as it happened, on-chain, and in derivatives markets, where traders paid over 1,200% funding rates to stay short.
Read more in The Week On-chain
In this edition, we explore the Merge, as it happened, on-chain, and in derivatives markets, where traders paid over 1,200% funding rates to stay short.
Read more in The Week On-chain
Our latest Video Report is live, covering details about the #Ethereum Merge.
We analyze:
- Suite of new on-chain Proof-of-Stake metrics.
- Movement and stake distribution of validators.
- Post-Merge $ETH supply dynamics.
Watch our latest video report
We have also released two new #Ethereum Proof-of-Stake dashboards, including metric primitives, and custom Workbench charts, to track this new consensus mechanism.
PoS Consensus Dashboard
PoS Supply Dynamics Dashboard
We analyze:
- Suite of new on-chain Proof-of-Stake metrics.
- Movement and stake distribution of validators.
- Post-Merge $ETH supply dynamics.
Watch our latest video report
We have also released two new #Ethereum Proof-of-Stake dashboards, including metric primitives, and custom Workbench charts, to track this new consensus mechanism.
PoS Consensus Dashboard
PoS Supply Dynamics Dashboard
YouTube
The Week On-chain: The Ethereum Merge - Is ETH Supply Deflationary? (Ethereum Onchain Analysis)
This week saw the successful deployment of one of the most impressive feats of engineering in the blockchain industry: The Ethereum Merge. We explore it as it happened, on-chain.
📊 Metric of the Week: https://glassno.de/3BTev1J
📰 Written Newsletter: htt…
📊 Metric of the Week: https://glassno.de/3BTev1J
📰 Written Newsletter: htt…
September was an exciting month, with the Glassnode team delivering our brand new suite of #Ethereum Merge and Proof-of-Stake metrics.
Monthly highlights:
- 16x New Metrics
- 19x Workbench Constructions
- 2x New Dashboards
- 8x Research Reports
Read about our latest Product Updates for September
Monthly highlights:
- 16x New Metrics
- 19x Workbench Constructions
- 2x New Dashboards
- 8x Research Reports
Read about our latest Product Updates for September
Glassnode Insights - On-Chain Market Intelligence
Product Update: September 2022
September was an extremely exciting month for Glassnode, engaging our entire team from engineering, data scientists, and analysts, to deploy a brand new suite of Ethereum Merge and Proof-of-Stake metrics. A brief summary of the metrics, content, and product…
The fallout of the #FTX collapse appears to be a dramatic shift towards self-custody, especially for $BTC and $ETH.
In our latest video report, we explore the net inflow of stablecoins to exchanges, and historical outflows of #Bitcoin and #Ethereum
Watch our latest video report: FTX Fallout and the Rise of Self-Custody
In our latest video report, we explore the net inflow of stablecoins to exchanges, and historical outflows of #Bitcoin and #Ethereum
Watch our latest video report: FTX Fallout and the Rise of Self-Custody
YouTube
The Week On-chain: FTX Fallout and the Rise of Self-Custody
With the devastating collapse of the FTX exchange, the digital asset industry has experienced the most shocking insolvency of a custodian since Mt Gox. In this report, we analyze the FTX bank run, seeking of safety in self-custody, and the response of Bitcoin's…
During the chaos of the last few weeks, the #Ethereum market cap briefly fell below the aggregate stablecoin cap, once again.
The Top 4 stablecoins USDT, USDC, BUSD and DAI make up over $138B in total, with the $ETH market cap just 2.8% higher at $142B
Live Chart
The Top 4 stablecoins USDT, USDC, BUSD and DAI make up over $138B in total, with the $ETH market cap just 2.8% higher at $142B
Live Chart
Since the #Ethereum Merge, the total net coin issuance has been just +2,317 $ETH.
A total of 131,454 $ETH has been issued to PoS validators, whilst 129,137 $ETH has been burned via EIP1559.
Live Dashboard
A total of 131,454 $ETH has been issued to PoS validators, whilst 129,137 $ETH has been burned via EIP1559.
Live Dashboard
NFTs on #Ethereum accounted for 18% to 22% of transactions during H1-2022.
However NFT dominance has since declined to just 8.3%, as interest in the space wanes during the bear market.
Stablecoin dominance has spiked since FTX from 10% to 12.5%.
Live Chart
However NFT dominance has since declined to just 8.3%, as interest in the space wanes during the bear market.
Stablecoin dominance has spiked since FTX from 10% to 12.5%.
Live Chart
The final edition of The Week On-chain for 2022 is live!
We cover:
- Volatility, derivatives, and leverage.
- Severity of realized losses.
- #Bitcoin on-chain supply concentrations.
- #Ethereum post-Merge supply dynamics.
- Shifting stablecoin dominance
Read more in The Week On-chain.
We cover:
- Volatility, derivatives, and leverage.
- Severity of realized losses.
- #Bitcoin on-chain supply concentrations.
- #Ethereum post-Merge supply dynamics.
- Shifting stablecoin dominance
Read more in The Week On-chain.
Our final video report for the year is now live.
We cover:
- Volatility, Derivatives, and leverage
- #Bitcoin on-chain supply concentrations.
- Stress in #Bitcoin mining.
- #Ethereum post-Merge supply dynamics.
- Shifting trends in Stablecoin markets.
Thanks to all our regular watchers and readers of The Week On-chain series. We hope you enjoyed our analysis this year, as much as we enjoy producing it. Wishing you all a very happy holiday season, and our analysis team will be back for another exciting 2023! 🎄
Watch our last video report for 2022.
We cover:
- Volatility, Derivatives, and leverage
- #Bitcoin on-chain supply concentrations.
- Stress in #Bitcoin mining.
- #Ethereum post-Merge supply dynamics.
- Shifting trends in Stablecoin markets.
Thanks to all our regular watchers and readers of The Week On-chain series. We hope you enjoyed our analysis this year, as much as we enjoy producing it. Wishing you all a very happy holiday season, and our analysis team will be back for another exciting 2023! 🎄
Watch our last video report for 2022.
YouTube
The Year On-chain 2022 - Week 50 (Bitcoin Onchain Analysis)
As the chaotic, volatile, and financially brutal year of 2022 comes to a close, we explore the state of play across Bitcoin, Ethereum and stablecoin markets. This year in review will be the final edition for the year, and we look forward to returning for…
#Bitcoin and #Ethereum markets opened the new year...by staying asleep.
Realized volatility for the two major assets fell to extreme lows, which has historically preceded explosive moves in either direction
More in our first Week On-chain edition of 2023.
Realized volatility for the two major assets fell to extreme lows, which has historically preceded explosive moves in either direction
More in our first Week On-chain edition of 2023.
The total $WBTC Balance wrapped on #Ethereum has declined by over 35% since the collapse of the LUNA/UST project
At the peak, there were 285k #Bitcoin wrapped on #Ethereum, and this has since fallen by 101.55k $WBTC over the course of 2022
📊 Live Chart
At the peak, there were 285k #Bitcoin wrapped on #Ethereum, and this has since fallen by 101.55k $WBTC over the course of 2022
📊 Live Chart
There are now over 503k active Proof-of-Stake Validators on the #Ethereum beacon chain.
The total number of new, or exiting validators is capped each day, depending on the validator pool size. The current limit is 1575 validators/day.
📊 Live Proof-of-Stake Dashboard
The total number of new, or exiting validators is capped each day, depending on the validator pool size. The current limit is 1575 validators/day.
📊 Live Proof-of-Stake Dashboard
A set of new dashboards for Mastering the MVRV Ratio are now live for both #Bitcoin and #Ethereum, designed to track market cycles, and extremes.
🟠 Bitcoin dashboard
🔷 Ethereum dashboard
📰 Report on Mastering the MVRV Ratio
🟠 Bitcoin dashboard
🔷 Ethereum dashboard
📰 Report on Mastering the MVRV Ratio