Bitcoin Reserve Risk

Data & charts updated every hour

Price update 2 minutes ago
UTXO update 62 minutes ago

Reserve Risk Explained

Reserve Risk compares Bitcoin's price to the cumulative HODL Bank, which tracks long-term holder conviction through the 30-day median value of coin days destroyed (MVOCD).

Low values (green) have historically marked attractive risk/reward periods. Middle values (light green) reflect neutral risk. High values (red) have coincided with cycle tops when price rises faster than underlying holder confidence.

Formula
VOCD = Price × CDD / Holder Supply
MVOCD = 30-day median of VOCD
HODL Bank = ∑ MVOCD
Reserve Risk = Price / HODL Bank

Reserve Risk was developed by Hans Hauge of Ikigai Asset Management. Ikigai Asset Management is run by Travis Kling.

Disclaimer
Any information found on this page is not to be considered as financial advice. You should do your own research before making any decisions.

Get Alerts When We Launch New Charts