Exchange Metrics (Time Series)
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Addr Cnt of Bal ≥ X (native units)

Definition

The sum count of unique addresses holding at least X native units as of the end of that day. Only native units are considered (e.g., an address with less than X ETH but with more than X in ERC-20 tokens would not be considered).
Name
MetricID
Category
Subcategory
Type
Unit
Interval
Addr Cnt of Bal ≥ 0.001 (native units)
Addresses
Balance
Sum
Addresses
1 day
Addr Cnt of Bal ≥ 0.01 (native units)
Addresses
Balance
Sum
Addresses
1 day
Addr Cnt of Bal ≥ 0.1 (native units)
Addresses
Balance
Sum
Addresses
1 day
Addr Cnt of Bal ≥ 1 (native units)
Addresses
Balance
Sum
Addresses
1 day
Addr Cnt of Bal ≥ 10 (native units)
Addresses
Balance
Sum
Addresses
1 day
Addr Cnt of Bal ≥ 100 (native units)
Addresses
Balance
Sum
Addresses
1 day
Addr Cnt of Bal ≥ 1K (native units)
Addresses
Balance
Sum
Addresses
1 day
Addr Cnt of Bal ≥ 10K (native units)
Addresses
Balance
Sum
Addresses
1 day
Addr Cnt of Bal ≥ 100K (native units)
Addresses
Balance
Sum
Addresses
1 day
Addr Cnt of Bal ≥ 1M (native units)
Addresses
Balance
Sum
Addresses
1 day

Details

    These metrics provide a count of addresses with balance by equal or higher than a native unit threshold.
    The state of the ledger is the one at the last available block for that day.
    Only the native units balance is considered, L2 tokens (ERC-20, etc..) are not taken into account.
    The computation uses greater than or equal comparison: owning exactly 1 native unit qualifies an address for AdrBalNtv1Cnt.

Asset-Specific Details

    For XRP, escrowed amounts are not taken into account.
    This metric is not available for assets that have full privacy, like Monero, Grin.
    For assets that have opt-in privacy features, like ZCash, it only takes the non-private activities into account.

Release History

    Released in the 4.0 release of NDP

Interpretation

This is a potent set of metrics which can elucidate the dispersion of ownership of the address space in a cryptocurrency. The trend can demonstrate whether or not a cryptocurrency is in a concentrative or distributive phase. It should be noted that supply is arbitrary, and for large-cap assets varies between tens of millions to hundreds of billions; so unit dispersion is often not directly comparable between chains. Put otherwise: it is cheaper to accumulate addresses with 100 XRP than 100 BTC since those are so different in fiat terms. This metric can also be gamed to a degree by adding dust to many thousands of addresses.
Last modified 8mo ago