Bitcoin On-Chain Data Update – December 19, 2025
📊 [Breaking News] BTC On-Chain
Price: $88,599 📈 (+3.4% Recovery)
Trading Volume: $29.61B (Last 24h) 💰
Active Addresses: 141,642 (Slight Increase, Signs of Bottoming) 👥
Hash Rate: 1.07 EH/s (+3.66% Sharp Recovery) ⚡
→ ETF Inflows Reversed Dramatically (+$457M), Market Sentiment Improved by Minor Return
Data Updated: December 19, 2025, 3:40 PM UTC
📋 Key Data Summary
Current Price
$88,599
24-Hour Trading Volume
317,150 BTC
Market Cap
$1,768.42B
Total Blocks
928,563
📈 Detailed On-Chain Metrics
👥
Active Addresses
141,642
A slight increase from the previous reading of 140,286. While still low, the price recovery suggests network usage is bottoming out.
🟡 Signs of Bottoming
💰
Institutional Flow (ETF)
+$457.3M (Inflow)
A dramatic trend reversal. December 18th saw the largest inflow since mid-November. Led by Fidelity and BlackRock, institutional confidence is rapidly returning.
🟢 Significant Inflows
💥
Coinday Destruction
0.4222 (Down)
Another significant decline from the previous reading (0.8601). There is extremely little movement of older coins, indicating that long-term holders are refraining from selling (or are confident) at the current price range.
🟢 Selling pressure is declining
⚡
Hashrate
1.07 EH/s (+3.66%)
A significant turnaround in the 24-hour period. As the price recovered to the $88,000 range, offline miners quickly returned. Security concerns have subsided.
🟢 Recovery trend
📊
SOPR
Est. 1.03-1.05
Returning to profitability (above 1.0). Fear-driven panic selling has subsided, and the price is moving into a constructive phase of upward movement with healthy profit-taking.
🟢 Healthy
📈
MVRV Ratio
1.645
After a temporary decline from the previous 1.7-2.0 range, it is now at a healthy level. There is no sign of overheating, and historically, the price remains in a zone with significant upside potential.
🟢 Fair Valuation Zone
🔍
NVT Ratio
Golden Cross
The ratio of network value to trading volume has formed a “golden cross.” Historically, this has often signaled a buy signal based on valuation.
🟢 Buy Signal
🎯 Comprehensive Analysis
Market Condition: The landscape has changed dramatically in just two days. Prices have rebounded sharply from a low of $85,000 to $88,599 (+3.4%). A dramatic reversal in ETF flows (+$457M) has triggered an improvement in sentiment from “extreme fear” to “fear.”
Key Points:
1. ETF Inflows Resurface: The largest inflow since November is a clear sign that institutional investors have identified the $85,000 level as a “buy point.”
2. Hashrate Recovers: The hashrate has risen +3.66% in response to the price rise. Concerns about miner capitulation have eased, maintaining the health of the network.
③ Coinday Destruction Calms: The reading fell to 0.4222. Long-term holders are not moving, suggesting selling pressure is fading.
④ $90,000 Barrier: The next key test is the psychological milestone of $90,000. A clear breach of this level increases the likelihood that the correction is complete.
Looking Ahead: While the worst is likely over, optimism is premature. Volatility is expected to continue ahead of the $23B options expiration on December 27th. However, fundamentals, such as the NVT golden cross and ETF reversion, support a recovery.
⚠️ Investment decisions are made at your own risk. This data is for informational purposes only.
