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Flows Sent One Hop from Miners to BitMEX (USD)

Definition

The sum USD value of all transfers sent by all addresses within one hop of a mining entity to BitMEX that interval.

Name MetricID Category Subcategory Type Unit Interval
Flows Sent One Hop from Miners to BitMEX (USD) FlowMinerOut1HopAllBMXUSD 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

{% embed url="https://coverage.coinmetrics.io/asset-metrics/FlowMinerOut1HopAllBMXUSD" %}