The last 24 hours' buyer and seller split is free. Every hour of the day, every big transfer with the city it came from, and every pool's share, comes with a plan.
See the plansMembers: open the full versionEvery hour we read every Bitcoin trade on Coinbase, the big transfers on chain, the city of the node that passed each one to us first, and who mined each block. This page is hourly, not live. It covers the last 24 full hours.
Buyers and sellers? Every trade has a patient side, whose order was resting on the book, and an impatient side that crossed the spread to trade now. When the impatient side buys, buyers are paying up. We count those trades as buying and the rest as selling.
| Hour (UTC) | Bought, BTC | Sold, BTC | Buyers' share | Bought minus sold | Average price | Trades |
|---|
Mining pools sit at the city their company is based in, sized by the blocks they found. The dots are the cities whose nodes passed the most Bitcoin to us first, sized by its value.
City locations: IP Geolocation by DB-IP (DB-IP City Lite, CC BY 4.0). The land in the drawing is every city in that list, on a 2-degree grid.
Bitcoin transactions of 10 BTC or more, first seen or confirmed in the last 24 hours, largest first. The value is everything the transaction sent, change included.
| BTC | In dollars | First seen (UTC) | Passed on first from | Block | To other addresses | Transaction |
|---|
Each block's miner signs it in the block's first transaction. We read that signature, or the pool's payout address, for every block of the last 24 hours.
| Pool | Blocks | Share | Company based in |
|---|
Our Bitcoin node keeps about 50 connections. For each transaction we note which connection told us first and look up its city. A city's share of our connection time is the check: a city that passes on far more value than its share of connections is often first.
| City | BTC passed on first | Share of value | Share of our connections | Transactions | 10 BTC or more |
|---|
We read everything once an hour and show the last 24 full hours. A move that started ten minutes ago will be on the next update.
Buyers and sellers are counted on Coinbase's Bitcoin to dollar market only, where many large US buyers trade. Other exchanges can lean the other way in the same hour.
The node that passes a transaction to us first is rarely the one that made it. Nodes wait a random moment before passing things on, and exchanges send from data centres. Read the cities as where news travels from, not who is moving coins.
A transaction's value is all it sent, including change back to the sender, and many big ones are exchanges moving their own coins. For confirmed transfers of 50 BTC or more we also show the part sent to addresses other than the senders'.