Bitcoin On-Chain Data Update – December 7, 2025
📊 [Breaking News] BTC On-Chain
Price: $89,684 📊 (+0.3% flat)
Trading Volume: $25.33B (Last 24h) 💰
Active Addresses: 137,572 (-10.3%) ⚠️
Hash Rate: 1.01 ZH/s (+5.8% sharp recovery) ⚡
→ Price stable, hash rate exceeds 1 ZH, transaction volume significantly increased
#BTC #Bitcoin #On-ChainData #Crypto #VirtualCurrency
📋 Key Data Summary
Current Price: $89,683.60
24-Hour Trading Volume: 282,407 BTC
Market Cap: $1,789.5B
Data Updated: December 6, 2025, 17:33 UTC
📈 Detailed On-Chain Metrics
👥 Active Addresses 🔴
137,572 (-10.3%)
The number of unique addresses participating in transactions over the past 24 hours. A further decrease from the previous day. Even if the price remains flat, a decline in participation is important. However, the number of transactions increased significantly to 484,783, indicating active activity.
🔴 Continued Decline
💰 Transaction Volume 🟢
$25.33B
24-Hour Total Transaction Volume (282,407 BTC). A recovery from the previous day. The number of transactions jumped 32% to 484,783. This is a positive sign of increased market activity.
🟢 Recovery/Increase
⛏️ Miner Outflow 🟢
Miners’ Accumulation Continues
Miners’ accumulation continues. Reserves remain stable at 1,806,050 BTC. Selling continues near the $90,000 support. Miners’ bullish stance is confirmed.
🟢 Stable holding
⚡ Hashrate🟢
1.01 ZH/s (+5.8%)
Network security and miner participation. A sharp recovery from the previous day to 1.01 ZH/s (1,010 EH/s). Miners are also contributing to the network’s strengthening even during periods of rising difficulty.
🟢 Rapid recovery and strongest performance
📊SOPR🟡
Estimated 1.00 (LTH: 2.18)
Profit margin at time of sale. Recovered near break-even point. Long-term holder (LTH) SOPR also increased slightly. Selling pressure is increasing, indicating a typical bottoming-out pattern. A leading indicator of price reversal.
🟡 Bottoming-out
📈MVRV Ratio🟢
Estimated 1.53
Market value/realized value ratio. Remaining in the undervalued zone, remaining flat. Above 3.7, a warning zone for overheating. The current level of 1.54 is the lowest in 2025 and a historic buying opportunity. Significant upside potential.
🟢 Lowest level since 2025
🏦HODL Waves🟢
1+ years: ~70%
Supply distribution by holding period. A healthy structure with a majority of long-term holdings. Despite short-term selling pressure, the HODLer base remains strong.
🟢 Stable structure
⚖️RHODL Ratio🟡
Estimated 0.009
Short-term/long-term holding ratio. Detecting a turning point in the market cycle. A downward trend favors long-term holdings. Possible historical bottoming signal.
🟡 Neutral Zone
💥Coinday Destruction🟡
0.90 (Normalized)
Measures the movement of older coins. Increased from the previous day. Long-term holdings have moved slightly, but not to the level of panic selling. The majority of HODLers are continuing to hold.
🟡 Slight increase but stable
🔍NVT Ratio🟡
Estimated 31
Network value/trading volume ratio. A valuation metric similar to price-to-earnings ratio. A slight increase remains within a healthy range.
🟡 Healthy range
🎯 Comprehensive Analysis
Market Conditions: Price stable at $89,684 (+0.3%). Hash rate surpasses 1.01 ZH (+5.8%), the strongest level in the network’s history. Activity surged with 484,783 transactions (+32%). SOPR bottomed near 1.0. MVRV 1.53 is the lowest level in 2025 and a historic buying opportunity.
Key Points: 1. Hash rate reaches all-time high at 1.01 ZH, miner confidence at its peak. 2. Transactions +32% signal a rapid recovery in network activity. 3. MVRV 1.53 reaches its lowest point in 2025, representing the ultimate undervaluation zone. 4. SOPR around 1.0 is a typical pattern of bottoming out. 5. Minor accumulation continues, reducing supply pressure.
Outlook: Multiple bottoming signals are occurring simultaneously. The combination of an all-time high hash rate and a 2025 low in MVRV is a powerful reversal factor. $90,000 provides solid support (minor accumulation zone). Analysts maintain targets of $150,000 (end of 2025) to $180,000. While the short-term address decline is a concern, a bullish turn is likely in the medium to long term.
Data Updated: December 6, 2025, 17:33 UTC | 24h Price Fluctuation: +0.3% | 48h Accumulation: -2.7%
⚠️ Investment decisions are at your own risk. This data is for informational purposes only.
