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Glassnode

Description

Definition. The 30-day change of the supply held in miner addresses. Balance in Miner Wallets is the underlying balance metric.

Technical. Coinbase recipients not attributed to a known mining pool are included in the subset 'other'. Miner metrics are based on Glassnode's continually updated set of labeled mining-pool entities, plus addresses that received coinbase rewards but cannot be attributed to a known pool. The values should be treated as an estimate and may not reflect miners' full on-chain flows. The series is mutable: its established history is stable, but recent data points may revise as labels update.

Interpretation. Positive prints indicate the miner cohort is a net sink over the trailing month (accumulation), negative prints indicate it is a net source (distribution).

Latest Values
-2.5847K
24 hours ago
$420,690
10 minutes ago