Product & Research Featured Reading the Crowd: How Cost Basis Distribution Reveals Market Tops and Bottoms Discover how to apply Cost Basis Distribution to detect spikes in profit-driven spending and identify local market tops. This analysis completes our framework for detecting market extremes, from capitulation to euphoria.
Bitcoin Analysis & Research A Practical Guide to Glassnode’s MCP Server The Glassnode MCP server brings institutional-grade blockchain analytics into AI workflows. With support for 1,700+ assets and 900+ metrics, users can discover, fetch, and analyze on-chain data seamlessly through LLM chat. Now in beta, it offers free access for exploration.
Bitcoin Analysis & Research Inferring Leveraged Positioning from Price and Open Interest Discover how Glassnode's Leverage Position Openings and Closures (LPOC) metrics reveal real-time crypto leverage trends by analyzing price and open interest. Move beyond funding rates and liquidation data to identify market tops, bottoms, and systemic risk with greater precision.
Bitcoin Analysis & Research Supply by Investor Behavior: Understanding Who’s Behind the Market Moves Supply Mapping is a new on-chain tool that segments token holders by behavior – like conviction buying, profit-taking, and panic selling – revealing investor psychology and market sentiment shifts across hundreds of assets.
Product & Research Tracking Early Token Holder Behavior Early token holders often control a large share of supply, making their buying and selling decisions key to market trends. This analysis explores Early Holder Balance, Herfindahl Index, NUPL, and Cost Basis Distribution to help traders anticipate price tops and manage risk effectively.
Bitcoin Analysis & Research Is the Metaverse Dead? On-Chain Data Tells a Different Story Despite a prolonged downtrend in Metaverse tokens, CBD data reveals that major players continue to dollar-cost average (DCA) into these assets.
Bitcoin Analysis & Research Featured On-Chain Retention: A Novel Concept to Measure Engagement with Digital Assets We introduce On-Chain Retention, a novel concept for measuring user engagement and investor loyalty in digital assets through Activity Retention (ongoing interactions) and Holder Retention (sustained ownership). These metrics reveal insights into investor commitment, turnover, and conviction.
Bitcoin Analysis & Research Capitulation Metrics: Using Cost Basis Distribution to Derive the On-Chain Bottom Signal Market bottoms often form during extreme distress, when forced selling peaks and exhausted investors capitulate. Using Cost Basis Distributing to track supply shifts and sell-offs in assets like Uniswap, Maker, and AIOZ, we arrive at an on-chain bottom signal.
Product & Research Expanding Cost Basis Distribution (CBD) Coverage: ETH, ERC20, and SPLs Now Included We're expanding Cost Basis Distribution (CBD) beyond Bitcoin to Ethereum (ETH), ERC-20, and SPL tokens - providing deeper insights into evolving cost bases and enhancing visibility into investor positioning, market conviction, and capitulation across assets.
Bitcoin Analysis & Research Time is Money: How Coin Age Shapes Bitcoin’s Spending Patterns We examine the relationship between a coin's age and its spending likelihood. We discover a power-law dynamic that governs this likelihood, highlighting a smooth and mathematically elegant decay in spending behavior as coins grow older.
Bitcoin Analysis & Research Featured Introducing Investor Cost Basis On-Chain We introduce the Cost Basis Distribution (CBD), a novel metric that helps identify key accumulation and distribution zones, tracks their evolution over time, and offers a data-driven framework for understanding critical price levels derived from on-chain data.
Product & Research BTC active addresses accelerate - what about TON, BNB, and SOL? Glassnode now supports SOL, BNB and TON metrics, enabling ecosystem analysis across chains. Read below to see how you can perform a simple yet effective comparative analysis of key fundamental data with Bitcoin's $100K milestone as a backrop.
Ethereum and DeFi Featured Pioneering On-Chain Analysis for the Ethereum Ecosystem With the addition of more than 500 new ERC-20 tokens, we are expanding our asset range and introducing more granular metrics to provide deeper insights across the Ethereum ecosystem.
Bitcoin Analysis & Research Breakdown Metrics Applied: Identifying Local Bottoms in a Bull Market Learn about how to apply our new suite of metrics to better identify local bottoms in a bull market and start applying these insights in your trading strategies.
Ethereum and DeFi Market Making on Uniswap: An Analytical Approach - Part III Classifying Uniswap's Liquidity Providers and Their Strategies Introduction The introduction of concentrated liquidity in Uniswap V3 has granted market makers greater flexibility and opportunity to manage their positions. However, it has also increased competition among Liquidity Providers, who can now compete by using different market-making strategies. Additionally, it
Ethereum and DeFi Market Making on Uniswap: An Analytical Approach - Part II Understanding Liquidity Supply and Demand Dynamics on Uniswap Introduction The introduction of concentrated liquidity in Uniswap V3 has given market makers more freedom and opportunity to manage their positions. It has also made the competitive landscape more challenging, and thus the decision-making process has become substantially more complex for selecting
Ethereum and DeFi Market Making on Uniswap: An Analytical Approach - Part I A Breakdown of Uniswap's Protocol Activities Introduction One of the fundamental building blocks within the cryptocurrency ecosystem is decentralized exchanges (DEXs). These platforms enable users to trade cryptocurrencies directly with each other, or via liquidity pools, eliminating the need for a counterparty or a centralized entity to execute
Bitcoin Analysis & Research Next Step in the Evolution of On-Chain Analysis: New, Granular Cohorts for Key On-Chain Metrics Learn about our new suite of metrics and its benefits for your analysis of the digital asset market and applicability to your trading strategies.
Bitcoin Analysis & Research Featured Introducing Bitcoin Sharpe Signal: Simplifying Bitcoin Trades with Glassnode Data Discover Glassnode's Bitcoin Sharpe Signal, our proprietary trading signal based on on-chain analytics designed to minimize downside risks while capitalizing on the upward trends in the Bitcoin market.
Product & Research Ark Invest + Glassnode: Introducing Cointime Economics We introduce Cointime Economics, a new framework for analysis of the Bitcoin economy. It relates the concepts of time and supply to derive dynamic metrics of Bitcoins economic activity which account for both supply and demand forces.
Product & Research Backtesting in Workbench Discover Workbench's new backtesting suite and take your investment strategy to the next level. Test and compare trading hypotheses, and evaluate risk and performance with metrics like drawdown and Sharpe ratio. Explore basic and advanced trading strategy examples, including on-chain indicators.
Product & Research Introducing Point-in-Time Data: Addressing the Mutability of On-chain Metrics We discuss when and how quickly on-chain metrics at Glassnode get updated and analyze the impact and magnitude of data updates. Further, we introduce a broad set of point-in-time metrics that do not suffer from look-ahead bias, making them the ideal candidates for applications in backtesting.
Bitcoin Analysis & Research Introducing Proof-of-Reserve Exchange Metrics We introduce an array of proof-of-reserve metrics to easily monitor the balances of exchanges' on-chain reserves held in self-reported addresses.
Product & Research Featured Unlocking full-spectrum investment intelligence We are excited to announce that we have acquired portfolio tracking and tax platform Accointing.com. This is the next step in our mission to equip investors with the best tools, data, and unparalleled insights for navigating the industry, and making data-driven decisions in digital asset markets.
Ethereum and DeFi The Great DeFi Deleveraging The Ethereum DeFi market is undergoing a dramatic deleveraging, with over $124B in capital flushed out in just six weeks. The Ethereum investor base is now heavily underwater on spot positions, and is locking in historically large realized losses.
