Check out Issue 2 of Coin Metrics’ free weekly newsletter: State of the Network.
You can subscribe to it here: https://coinmetrics.substack.com/
State of the Network features weekly deep dives on interesting data-related topics, network (on-chain) data insights, and market data insights for many of the top crypto assets all informed by our own data.
In this week’s deep dive, we look at on-chain supply distribution.
Looking at bitcoin’s supply by address size shows a steady march upwards of the supply held in addresses with 1 to 10 BTC and 0.1 to 1 BTC, suggesting continued dispersion of BTC.
We also cover supply distribution of ETH and BCH, Tether’s continued rise, the price volatility of BTC and other assets, and look at how the top 100 assets fared vs. BTC in terms of weekly returns.