Coinblock_Value_Cum_Destroyed
Tech spec
Field | Value |
---|---|
API name (slug) | coinblock_value_cum_destroyed |
Group | cointime statistics |
Unit / Valuetype | usd / other |
Shape | scalar |
Resolutions | block, h1, h4, h8, h12, d1 |
Endpoints | /v2/cointime_statistics |
Tier | 0 |
Last updated | 2025-08-25 18:22 UTC |
Docs | Open in Swagger |
Brief Description: Cumulative USD value of all destroyed coinblocks.
Coinblock_Value_Cum_Destroyed tracks the total dollar value of coinblocks destroyed since the genesis block.
Interpretation As it is cummulative, this metric will always rise. It is used in valuation models within the Cointime framework.
Advanced Explanation Coinblock_Value_Cum_Destroyed is adding the Coinblocks Value Destroyed (CBD) for all blocks ever created.
Cointime Economics is a new framework for Bitcoin onchain analysis published by James Check and David Puell. References: https://ark-invest.com/white-papers/cointime-economics/ and https://insights.glassnode.com/introducing-cointime-economics/