Yan Liberman, cofounder at Delphi Digital, breaks down all kinds of data from the Bitcoin blockchain to give a snapshot of where Bitcoin is at this point in its development and glean where it might go in its future. We discuss: 

  • Bitcoin’s wealth distribution and how that has changed over time
  • what whales have been up to recently and how that compares with their behavior in previous bull and bear markets
  • what data on multi-sig transactions tells us
  • what companies serving the institutional and retail markets are seeing in terms of customer demand
  • activity to and from exchanges, and what those trends mean
  • what unspent transaction outputs tell us about investors’ mindset now
  • and the market value to realized value (MVRV) — what it is and what the current MVRV says about where Bitcoin is in terms of this investment cycle


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Crypto.com: https://crypto.com

Episode links: 

Yan Liberman: https://twitter.com/YanLiberman

Delphi Digital: https://www.delphidigital.io/

Delphi’s State of Bitcoin 2020: https://www.delphidigital.io/halving

Links from news recap: