Coinblock_Value_Destroyed
Tech spec
| Field | Value |
|---|---|
| API name (slug) | coinblock_value_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: USD value of coinblocks destroyed.
Coinblock_Value_Destroyed measures the dollar value of coinblocks destroyed.
Interpretation The destruction of coinblocks value can be seen as a response to market dynamics.
Advanced Explanation Coinblock_Value_Destroyed is calculated by multiplying Coinblocks Destroyed (CBD) with the current price at each block height.
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/