Trader Workspace

Onchain Data

Cost basis, P&L metrics, supply, mining, stablecoins, and onchain cycle data.

Monitors

17

Tracked rows in this section

Buy Bias

2

Rows currently marked buy / constructive

Sell Risk

0

Rows currently marked sell / bearish

Watch

2

Rows currently flagged for monitoring

Onchain Monitor Table

Cost basis, P&L, supply, mining, stablecoin, and cycle metrics in one dense table.

MonitorInstrumentTermCurrentSecondarySignalTriggerSource
Realised Price vs Current Price
Cost Basis

Core cost basis model comparing spot with aggregate realised price.

BTCn/aPrice above realised priceHealthy cycle structureHOLDLoss of realised price is major warningCheckOnChain / Glassnode
Long Term Holders MVRV
P&L Metrics

Shows unrealised profitability of long-term holders and where we are in the cycle.

BTCn/a1.563.12 prior peak bandHOLDSell near +1 std dev extremesCheckOnChain / Glassnode
STH SOPR
P&L Metrics

Short-term holder realised profitability and sentiment measure.

BTCn/a0.98Buy bias while below 1BUYSell >1.1CheckOnChain
Puell Multiple
Mining

Mining revenue valuation model useful for cycle context.

BTCn/a0.87Below overheating levelsHOLDSell > mean + 1.25 std devCheckOnChain
BTC Value Days Destroyed
Supply

Measures old coin movement and supply behavior from long-held coins.

BTCn/a1.8Below major top zoneHOLD4+ usually late-cycleCheckOnChain
True Market Deviation (AVIV)
Cost Basis

Uses active supply to estimate investor cost basis and cycle temperature.

BTCn/a81,709Buy near 0.6, sell >2HOLDActive investor cost basis deviationCheckOnChain
Short Term Holder Cost Basis
Cost Basis

Average price paid for short-term-held coins, useful for near-term market bias.

BTC<155 days104,400Price discovery supportWATCHWatch BTC vs STH cost basisCheckOnChain / Glassnode
STH MVRV Bollinger Bands
P&L Metrics

Short-term holder unrealised P&L visualized through Bollinger-style band extremes.

BTCn/a-1Green / oversold regionBUYBuy green, sell redCheckOnChain
Relative Unrealised Profit / Loss
P&L Metrics

Tracks system-wide unrealised profit and loss conditions across the market.

BTCn/a43Below prior euphoria levelsHOLDLosses >20% historically dangerousCheckOnChain
Bitcoin NUPL
P&L Metrics

Net Unrealised Profit / Loss cycle-state indicator.

BTCn/aOptimismBelow greed / euphoriaHOLDSell above 0.7 / blue zoneCheckOnChain
BTC Realised Profit
P&L Metrics

Measures realised profit-taking behavior and peak-risk conditions.

BTCn/aBelow +2 std devNot at local blow-offHOLD>2 std dev often local peaksCheckOnChain
LTH SOPR
P&L Metrics

Long-term holder realised profitability measure; peaks have aligned with euphoric exits.

BTCn/a1.54Below prior peak extremesHOLDSell >5CheckOnChain
BTC Active Address Momentum
User Data

Active address growth momentum used as an adoption and cycle-excess gauge.

BTCn/an/aView onlyWATCHPeaks often align with topsCheckOnChain
LTH Supply Breakdown
Supply

Tracks long-term holder supply behavior and whether old hands are distributing.

BTCn/aLTH supply still elevatedNo major distribution yetHOLDLarge LTH drawdowns often near topsCheckOnChain
Stablecoin Net Position Change
Stablecoins

Measures stablecoin inflow and position change in the crypto system.

Stablecoin aggregate30 day1Positive but not extremeHOLDLarge inflows can also mark top phasesCheckOnChain
BTC Cycle Extreme Oscillators
Market Phase

Composite cycle view combining MVRV, Puell, SOPR, and Reserve Risk-type measures.

BTCn/aView onlyNot at peak clusterHOLDPeak risk when multiple oscillators fireCheckOnChain
Invested Wealth
Distribution

Shows where capital is concentrated by acquisition price and unrealised wealth distribution.

BTCn/aConcentrated near current levelsLarge wealth base near active price zoneHOLDWatch unrealised loss concentrationCheckOnChain

Source Categories

Support stack behind the onchain section.

Category Stack

On-Chain

Holder behaviour, stablecoin growth, and structural crypto liquidity.

Derivatives

Funding, open interest, options exposure, and leverage stress.

Flows

ETF demand, miner selling, and spot supply-demand transfers.

Liquidations

Cluster maps, squeeze risk, and forced-flow vulnerability.

Macro / Regulatory

Liquidity backdrop, dollar strength, rates, and headline risk.

Technicals

Trend, momentum, support/resistance, and tactical structure.