Multiple moving averages of daily miner fee revenue, creating a ribbon-like visual. Helps identify sustained trends in block space demand and network adoption.
Ribbon expansion (fees rising across all MAs) signals strong network demand. Compression signals equilibrium. Fee ribbon can predict upcoming volatility.
The number of unique Bitcoin addresses that were active (either sending or receiving) on a given day. A proxy for daily network usage and user engagement.
Breakdown of Bitcoin addresses by their balance size — from shrimp (< 1 BTC) to whales (> 10,000 BTC). Shows how different wealth classes are accumulating or distributing.
Tracking of Bitcoin inscriptions (Ordinals/BRC-20) including counts, fees generated, and block space consumed. Measures the impact of NFT/token activity on the Bitcoin network.
The total transaction fees paid to miners by users sending Bitcoin transactions. Reflects urgency of transactions and demand for block space.