Bitcoin On-Chain Data Update – December 10, 2025, 9:45 AM UTC
📊 [Breaking News] BTC On-Chain
Price: $92,537 📊 (+2.6% increase) 🚀
Trading Volume: $26.99B (Last 24h) 💰
Active Addresses: 143,946 (Continuing Increase) 📈
Hash Rate: 1.10 ZH/s (+2.1% Recovery) ⚡
→ Strong Price Rise, Highest Active Address Level, Hash Rate Recovery, Continued High Level of Trading
#BTC #Bitcoin #On-ChainData #Crypto #VirtualCurrency
📋 Key Data Summary
Item Value
Current Price $92,537
24-Hour Trading Volume 291,643 BTC
Market Cap $1,846.63B
Data Update Time December 10, 2025, 09:45 UTC
📈 Detailed On-Chain Metrics
🟢
👥 Number of Active Addresses
143,946 (Continuing Increase)
The number of unique addresses participating in transactions over the past 24 hours. From 140,768 to 143,946, it continues to increase by 2.3%. Market participant activity remains high and stable, remaining in the high 140,000 range. This indicates a continued influx of new entrants in line with rising prices. The number of transactions remains high at 496,694, confirming market vitality and liquidity. A healthy structure is being formed where the expanding participant base supports price increases.
🟢 Continued Increase and Maintained at a High Level
🟢
💰 Transaction Volume
$26.99B
Total trading volume over 24 hours (291,643 BTC). Trading volume normalized from $34.32B to $26.99B, but remains at a high level. While trading volume in BTC terms decreased from 380,389 to 291,643, it remains at a historically very active level. The total number of transactions was 496,694. The 100 largest transactions, totaling 310,430 BTC (106.44% of total volume), indicate continued large-scale activity. Following the previous day’s explosive buying, trading activity continues with a healthy price increase. Market liquidity is ample, forming a solid foundation to support the uptrend.
🟢 Maintaining a high and healthy level
🟢
⛏️ Miner outflow
Miner accumulation resumed
Miners’ holdings stabilized, and accumulation efforts strengthened once again. The combination of a recovered hash rate and rising prices significantly improved miner profitability (0.0403 USD/TH/s). The next difficulty retarget is scheduled for 105 blocks (approximately 18 hours). The fee reward increased to 0.73%, reflecting continued trading activity. A noticeable reluctance to sell at the $92,000 level clearly signaled a return to miner bullishness. A virtuous cycle of network security and price growth has formed.
🟢 Accumulation resumed, bullish attitude
🟢
⚡ Hash rate
1.10 ZH/s (+2.1%)
Network security and miner participation. A 24-hour recovery of +2.1% led to a rise of 1.10 ZH/s (1,100 EH/s). A temporary correction has been followed by a recovery trend, and miner activity has rekindled in tandem with the price increase. An upward adjustment is expected at the next difficulty retargeting (105 blocks, approximately 18 hours later). Block times have returned to an ideal level of 10 minutes and 8 seconds, fully restoring network health. Improved miner profitability further strengthens the long-term foundation for network security.
🟢 Recovery and Healthy
🟢
📊SOPR
Estimated 1.03 (LTH: 2.21)
Profit margin at time of sale. At 1.03, it has surpassed the break-even point and reached a healthy profit-taking level. With a 2.6% price increase, short-term holders are taking moderate profits, creating a healthy situation. The SOPR for long-term holders (LTH) rose further to 2.21, expanding the unrealized gains of long-term investors. Selling pressure is limited in an environment where sellers as a whole can secure profits. There is no sign of overheating, suggesting the formation of a sustainable uptrend. Market sentiment has bottomed out and fully shifted to an uptrend.
🟢 Healthy profit-taking level
🟢
📈MVRV Ratio
Estimated 1.59
Market Value/Realized Value Ratio. While slightly higher at 1.59, it remains undervalued. Above 3.7, it is in the overheating alert zone. The current price level is historically extremely attractively undervalued, and the previous day’s large-scale buying is beginning to be reflected in the price rise. This is the early stages of the uptrend, with ample upside potential in the medium to long term. There’s no sign of overheating, and this is the early stages of a healthy uptrend. Institutional investors continue to see favorable entry opportunities.
🟢 Maintaining Undervalued Levels/Early Rise
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🏦HODL Waves
1+ Year: ~71%
Supply Distribution by Holding Period. Long-term holdings account for approximately 71%, maintaining an extremely healthy structure. Even with a +2.6% price rise, the HODLer base remains unshaken and iron-willed. The complete separation of increased trading activity and long-term holdings indicates market health. Large-scale trading activity (106.44% of 100 large trades) is primarily liquidity provision and short-term trading, while the long-term supply structure remains unchanged. The potential for a supply shock is extremely high, maintaining a structure that provides a powerful driving force for the bull market.
🟢 A rock-solid, healthy structure
🟢
⚖️RHODL Ratio
Estimated 0.006
Short-term/long-term holding ratio. A market cycle turning point indicator. At 0.006, it has reached a historic low, indicating that the dominance of long-term holdings has reached its peak. This is a definitive signal of the early stages of a typical bull cycle. A +2.6% price increase, continued growth in active addresses, and sustained high trading volume are clear evidence of new capital inflows and a solid uptrend. It’s highly likely that the bottoming-out transition into an uptrend has been confirmed, signaling the start of a full-scale bull market.
🟢 A definitive reversal signal
🟢
💥Coinday Destruction
1.25 (normalized)
A measurement of the movement of older coins. The increase from 0.54 to 1.25 indicates that some mid- to long-term holdings are moving to take profits. A healthy profit-taking movement amid a +2.6% price rise. However, historically, the market remains moderately volatile, with no large-scale selloffs or market exits by long-term holders. Rather, moderate profit-taking is maintaining market health and preventing overheating. The HODLer base remains strong, limiting supply pressure.
🟢 Healthy profit-taking at moderate levels
🟢
🔍NVT Ratio
Estimated at 12
Network Value/Trading Volume Ratio. A valuation indicator similar to the price-to-earnings ratio. While slightly elevated from 9 to 12, it remains at an extremely healthy level. The combination of rising prices and normalized trading volume has resulted in an appropriate valuation. There is no sign of overheating, and network activity is sufficient to support price increases. The fundamental foundation for the upside is solid, indicating a sustainable upward trend. Attractive investment opportunities for institutional investors continue.
🟢 Maintaining Healthy Levels and Fair Value
🎯 Comprehensive Analysis
Market Status:
Price at $92,537, up +2.6%, showing a strong increase. Trading volume maintained a high level at $26.99B (291,643 BTC). Active addresses continued to increase to 143,946 (+2.3%), reaching a record high. Transactions: 496,694. Hash rate: 1.10 ZH (+2.1%). SOPR at 1.03 indicates a healthy profit-taking level. MVRV at 1.59 remains undervalued, indicating an early stage of an uptrend. NVT Ratio at 12 maintains a healthy level. RHODL at 0.006 marks a historic low, signaling a decisive reversal.
Key Points:
① Price +2.6% to $92,537, reflecting the previous day’s large-scale buying.
② Active addresses 143,946 (highest level), demonstrating a solid expansion of the market participant base.
③ Hash rate +2.1% recovery, improved miner profitability, and a return to accumulating.
④ RHODL 0.006 (historic low), conclusive evidence of bottoming out and a reversal of bullish momentum.
⑤ SOPR 1.03 and MVRV 1.59, a healthy early stage of the uptrend with no signs of overheating.
⑥ Trading volume remains high, forming a solid trading platform to support the uptrend.
⑦ Coinday Destruction 1.25, moderate profit-taking maintains market health.
Looking Ahead:
The +2.6% price increase following the previous day’s explosive volume increase (+177%) signals the start of a full-scale uptrend, reflecting the fruition of large-scale buying at bargain levels of MVRV 1.55-1.59. RHODL of 0.006 (a new historic low) is conclusive evidence that the bottom has been reached. 143,946 active addresses (a continuing high) suggest continued new capital inflows. A recovery in hash rate and the resumption of miner accumulation signify a strengthening of the network’s foundations. SOPR of 1.03 and MVRV of 1.59 indicate the early stages of a healthy, unoverheated uptrend. A breakout above $92,000 sets the next target at $95,000-$100,000. An upward correction in the difficulty retarget (18 hours later) supports a bullish stance on miners. Analysts maintain a target of $150,000-$200,000 (end of 2025). We are currently in the early stages of an upcycle, with significant upside potential in the medium to long term. A sustainable uptrend is being established.
Data Updated: December 10, 2025, 9:45 AM UTC | 24-Hour Price Change: +2.6% | Market Cap: $1,846.63B | Difficulty Adjustment: 18 Hours Later
⚠️ Investment decisions are at your own risk. This data is for informational purposes only.
