Flows Sent One Hop from Miners to Bitfinex (USD)
Definition
The sum USD value of all transfers sent by all addresses within one hop of a mining entity to Bitfinex that interval.
Name | MetricID | Category | Subcategory | Type | Unit | Interval |
Flows Sent One Hop from Miners to Bitfinex (USD) | FlowMinerOut1HopAllBFXUSD | Mining | Exchange Flows | Sum | USD | 1 day |
Details
This metric is part of the next iteration of our Miner Flows and it is the culmination of months of research on miner behavior and entity clustering.
Miner-to-Exchange Flows can be used to better understand the impact that miners have on crypto markets.
The ultimate goal of this family of metrics is to improve the understanding of when and where miners sell their coins.
We have published research in this area in (State of The Network Issue 91)[https://coinmetrics.io/following-flows-ii-where-do-miners-sell/]
Release History
Released in the version 4.9 of Network Data Pro
Availability for Assets
Last updated