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Coin Metrics

Crypto market and network data provider supplying reference rates and indices to institutions.

Current clusters

invest8 publishers

Bitcoin's squeeze high stopped $409 short of the average ETF buyer's cost

Forced closures of bearish bets, counted at $648 million by Crypto Briefing and above $600 million by CoinGlass, carried bitcoin to its highest price since January. Glassnode puts the US spot ETF cohort's average entry at $85,638.

Perspective Coverage

6 publishers
Builder
Builder 7%
Operator
Operator 43%
Investor
Investor 50%

Reality

Evidence72
Adoption58
Hype gap+34
Incentives66
Confidence70