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Cost Basis Pressure

A Meridian-calibrated reading of market value versus aggregate on-chain cost basis, with upper regimes learned from the latest four-year record.

Reading the record

On-chain metrics are derived from Coin Metrics Community Network Data, licensed under CC BY-NC 4.0.

Preparing research instrumentLoading the model code before its data resolves.

A Meridian-calibrated reading of market value versus aggregate on-chain cost basis, with upper regimes learned from the latest four-year record.

Reading the record

On-chain metrics are derived from Coin Metrics Community Network Data, licensed under CC BY-NC 4.0.