Bitcoin On-Chain Data Update – December 8, 2025
📊 [Breaking News] BTC On-Chain
Price: $89,163 📊 (-0.2% slight adjustment)
Trading Volume: $13.37B (Last 24h) 💰
Active Addresses: 118,012 (Decreasing) ⚠️
Hash Rate: 1.16 ZH/s (+20.7% spike) ⚡
→ Price stable, hash rate at all-time high, trading activity active
#BTC #Bitcoin #On-ChainData #Crypto #VirtualCurrency
📋 Key Data Summary
Current Price: $89,163
24-Hour Trading Volume: 150,006 BTC
Market Cap: $1,779.17B
Data Updated: December 7, 2025, 14:09 UTC
📈 Detailed On-Chain Metrics
👥 Number of Active Addresses 🔴
118,012 (Decrease)
The number of unique addresses participating in transactions over the past 24 hours. The downward trend continues from the previous day. Even with stable prices, the decline in participants warrants caution. However, the number of transactions remains high at 510,715, and individual activity is brisk.
🔴 Continued Decline
💰 Transaction Volume 🟢
$13.37B
Total 24-Hour Transaction Volume (150,006 BTC). Maintained a stable level from the previous day. The number of transactions remained high at 510,715. Market participants showed strong willingness to trade, and liquidity was ample.
🟢 Stable and Active
⛏️ Miner Outflow 🟢
Miner Accumulation Continues
Miner holdings remain stable. Miner confidence is at its peak in conjunction with the sharp rise in hash rate. Miners’ bullish stance is evident as they continue to hold off on selling at the $89,000 level.
🟢 Strong Holdings
⚡ Hash Rate 🟢
1.16 ZH/s (+20.7%)
Network security and miner participation. A 24-hour surge of +20.7% reached 1.16 ZH/s (1,160 EH/s). Network reliability is at an all-time high, maximizing. Active miner participation is evident.
🟢 All-time high and rising sharply
📊 SOPR 🟡
Estimated 0.99 (LTH: 2.15)
Profit margin at time of sale. Near break-even point. Long-term holder (LTH) SOPR remains strong. Selling pressure eases, forming a foundation for price stability. Transition from bottoming out to a reversal.
🟡 Stable
📈MVRV Ratio 🟢
Estimated 1.54
Market Value/Realized Value Ratio. Maintaining undervaluation at 1.54. Overheating warning zone above 3.7. Current levels are near the 2025 low, presenting a historic buying opportunity. There is significant upside potential.
🟢 Extremely Undervalued
🏦HODL Waves🟢
1+ Year: ~70%
Supply distribution by holding period. A healthy structure with long-term holdings accounting for approximately 70%. Even with short-term fluctuations, the HODLer base is very strong and stable.
🟢 Extremely Healthy
⚖️RHODL Ratio🟡
Estimated 0.008
Short-term/long-term holding ratio. A market cycle turning point indicator. Long-term holdings continue to dominate at low levels. Possible signal of a transition from historical bottoming to an uptrend.
🟡 Turning Point
💥Coinday Destruction🟡
0.35 (Normalized)
Measurement of the movement of older coins. Remaining at low levels, with limited large-scale movement of long-term holdings. A stable state in which the majority of HODLers continue to hold their coins.
🟡 Low and Stable
🔍NVT Ratio🟡
Estimated 29
Network Value/Volume Ratio. A valuation metric similar to the price-to-earnings ratio. Remaining within a fair range, with network utilization efficiency being favorable.
🟡 Fair Range
🎯 Comprehensive Analysis
Market Status: Price slightly adjusted (-0.2%) at $89,163. Hash rate reached an all-time high of 1.16 ZH (+20.7%). Maintained high activity with 510,715 transactions. SOPR stabilized at 0.99, and MVRV remained extremely undervalued at 1.54.
Key Points: 1. Hash rate reaches all-time high of 1.16 ZH, network reliability at its peak. 2. +20.7% surge in 24 hours, clearly indicating bullish sentiment among miners. 3. MVRV 1.54 remains the lowest level in 2025, providing an ultimate buying opportunity. 4. Despite a decline in active addresses, individual trading remains active. 5. Miner accumulation minimizes supply pressure.
Outlook: The combination of an all-time high hash rate and extremely low MVRV is a very strong driver of the upside. $89,000 provides solid support (minor accumulation zone). Analysts maintain a target of $150,000-$200,000 (end of 2025). While the short-term decline in addresses is a cause for concern, a bullish turnaround is highly likely in the medium to long term.
Data Updated: December 7, 2025, 14:09 UTC | 24-hour price change: -0.2% | Hash rate change: +20.7%
⚠️ Investment decisions are at your own risk. This data is for informational purposes only.
