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UTXO Bands (Value)
  1. 1.
    UTXO Value Bands shows the distribution of all UTXOs according to their value
  2. 2.
    Each colored band represents the standards stated below.
  3. 3.
    Because of their categorization by Value Bands, these metrics allow investors to infer market changes by investors' hold amount as broad as 'Whales/Retails' or derive meanings set by Specific Value Cohort.

What are the differences between these metrics?

Each colored band represents the standards that are stated below.

1) Finding out each value band's 'Total UTXO Amount'

UTXO Value Bands shows the distribution of all UTXOs according to their value. Each colored band represents the total value of all UTXOs, that has a value within the denoted range.

2)Finding out each value band's 'Realized Cap'

Realized Cap - UTXO Value Bands show the distribution of realized cap of a specified value band. Each colored band represents the Realized Cap of UTXOs in existence, which has a value within the denoted range in USD value. Realized Cap is calculated by valuing each UTXO by the price when it was last moved.

3)Finding out each value band's 'Number of UTXOs'

UTXO Count - Value Bands shows the distribution of the number of UTXOs according to their value. Each colored band represents the number of UTXOs in existence, that has a value within the denoted range.

4)Finding out each which value band is responsible for the spent output

Spent Output Value Bands show the distribution of all spent outputs according to their value. Each colored band represents the total value of spent outputs, that has a value within the denoted range.

Steps

1. CryptoQuant collects UTXOs that was destroyed in a certain window

2. CryptoQuant categorizes them to each band and shows the result by values or by percentage

3. Investors interpret categorized values and conclude which value band's UTXOs were mostly responsible for any changes in the market.