CryptoQuant User Guide
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  • 🔍What is CryptoQuant
    • Introduction
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      • What is On-Chain Data?
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      • What is a UTxO?
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    • 5 Minute Data Guide
      • 3 Key On-Chain Metrics
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      • 1. Charting Overview
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        • Miner Selling
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  • 📊CryptoQuant Metrics
    • Exchange Flows/Indicators
      • Exchange In/Outflow and Netflow
      • Exchange Reserve
      • Exchange to Exchange
      • Exchange Addresses Count
      • Exchange Transactions Count
      • Fund Flow Ratio
      • Exchange Supply Ratio
      • Exchange Inflow CDD
      • Exchange Inflow - Spent Output Age Bands
      • Exchange Inflow - Spent Output Value Bands
    • Miner Flows/Indicators
      • Miner Outflow
      • Miner to Exchange
      • Miners' Position Index (MPI)
      • Miner Supply Ratio
    • UTxO Data/Indicators
      • Profit and Loss (UTxO)
      • Profit and Loss (Supply)
      • Coin Days Destroyed (CDD)
      • Binary CDD
      • Mean Coin Age (MCA)
      • Sum Coin Age (SCA)
      • Sum Coin Age Distribution (SCA Distribution)
      • Spent Output Profit Ratio (SOPR)
        • aSOPR (Adjusted SOPR)
        • STH-SOPR
        • LTH-SOPR
        • SOPR Ratio (LTH-SOPR/STH-SOPR)
      • Net Unrealized Profit/Loss (NUPL)
      • UTXO Bands (Age)
        • UTXO Age Bands
        • Realized Cap - UTXO Age Bands
        • Realized Price - UTXO Age Bands
        • UTXO Count - Age Bands
        • Spent Output Age Bands
      • UTXO Bands (Value)
        • UTXO Value Bands
        • Realized Cap - UTXO Value Bands USD
        • UTXO Count - Value Bands
        • Spent Output Value Bands
    • Market Data/Indicators
      • Open Interest
      • Funding Rates
      • Estimated Leverage Ratio
      • Taker Buy Sell Volume/Ratio
      • Capitalization models
      • Realized Price
      • Exchange Whale Ratio
      • MVRV (Market Value to Realized Value) Ratio
    • Network Indicators
      • NVT Ratio
      • NVT Golden Cross
      • Puell Multiple
      • Stock to Flow Ratio
      • Stock to Flow Reversion
      • NVM Ratio
    • Stablecoin Exchange Flows/Indicators
      • Stablecoin Network Data
      • Stablecoin Exchange In/Outflow & Netflow
      • Stablecoin Exchange Reserve
      • Stablecoin Exchange Addresses Count
      • Stablecoin Exchange Transactions Count
      • Stablecoins Ratio
      • Stablecoin Supply Ratio (SSR)
    • Fund Data & Premium
      • Grayscale Bitcoin Trust (GBTC)
        • GBTC Digital Asset Holdings
        • GBTC Premium or Discount
      • Grayscale Ethereum Trust (ETHE)
        • ETHE Digital Asset Holdings
        • ETHE Premium or Discount
      • Coinbase Premium
      • Korea Premium Index
      • Bank Supply Ratio
  • 🛠️Web3 Analytics Tool
    • Overview
    • Cohort Data Navigation
    • Query Data Navigation
    • How to Use(Query Tool)
      • 1. DateTime Aggregation
      • 2. Query Block - Metric
      • 3. Query Block - Where
      • 4. Query Block - Group by
      • 5. Query Block - Join
      • 6. Query Block - Order by
      • 7. Save and Run
      • 8. Editing the Result
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        • Table
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  • 📌Reference
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On this page
  • Definition
  • Interpretation
  • By value itself
  • Link to Our Data

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  1. CryptoQuant Metrics
  2. UTxO Data/Indicators
  3. UTXO Bands (Value)

Spent Output Value Bands

Spent Output Value Bands show the distribution of all spent outputs according to its value.

Definition

Spent Output Value Bands show the distribution of all spent outputs according to its value. Each colored band represents the total value of spent outputs, that has a value within the denoted range. This indicator can be used to estimate the amount of coins moved by whale and retail holders

Spent Output Value Bands=∑o∈spent outputsvalueo∗I(ai≤valueo<bi)\text{Spent Output Value Bands} =\sum_{o \in \text{spent outputs}} \text{value}_o * \mathbb{I}(a_i \leq \text{value}_o < b_i)Spent Output Value Bands=o∈spent outputs∑​valueo​∗I(ai​≤valueo​<bi​)
[ai,bi)∈[0,0.01),[0.01,0.1),[0.1,1),[1,10),[10,100),[100,1k),[1k,10k),[10k,inf)[a_i, bi) \in [0, 0.01), [0.01, 0.1), [0.1, 1), [1, 10), [10, 100), [100, 1k), [1k, 10k), [10k, inf)[ai​,bi)∈[0,0.01),[0.01,0.1),[0.1,1),[1,10),[10,100),[100,1k),[1k,10k),[10k,inf)

Metric

Definition

Spent Output Value Bands

Each colored band represents the total value of spent outputs, that have a value within the denoted range.

Spent Output Value Bands USD

Each colored band represents the total value of spent outputs, that have a value within the denoted range in USD Value.

Spent Output Value Bands (%)

Each colored band represents the ratio of the total value of spent outputs, that have a value within the denoted range.

Interpretation

This indicator can be used to estimate the amount of coins moved by whale and retail holders. As price rises/falls, it is advised to watch out for values in the Spent Output Value Bands to further gain insights on the market through analyzing its participants.

Unlike UTXO Value Bands, Spent Output Age Bands focus on the UTXOs that were destroyed within the set metric window. With the help of Spent Output Age Bands, it is possible to pinpoint which sized UTXOs were destroyed in what amount. Using this knowledge, investors can correlate any price movement or changes in the network with the action of whales/retails' action precisely.

By value itself

  • High value(Native Value) & Dominance(%) in certain Spent Output Value Bands - Mostly accountable for changes in the network

For example, if the UTXO Value Band of 1k to 10k has the greatest Spent Output Age Bands in terms of value or dominance, it could be interpreted that investors holding at least 1k to 10k are mostly accountable for any price movement or changes that occur in the market within a set metric window.

Link to Our Data

PreviousUTXO Count - Value BandsNextMarket Data/Indicators

Last updated 1 year ago

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Spent Output Value Bands Live Chart
Spent Output Value Bands USD Live Chart
Spent Output Value Bands (%) Live Chart