
Asia Hours Supply Year-over-Year Change measures the annual change in Bitcoin supply share attributed to Asian activity hours. It derives regional attribution from on-chain activity timing and expresses the difference in percentage points of supply.
A positive value means the Asia-hours share has expanded over the preceding year; a negative value means it has contracted. Readings were negative throughout 2021 but positive throughout 2025 and the available 2026 history, highlighting that the attribution can reverse over time rather than follow a permanent regional trend.
The opening observation in January 2010 is unusually large and belongs to Bitcoin’s sparse early history, so it is a weak benchmark for mature-market readings. Activity hours do not identify residence, and custodians or automated wallets can shift timing. A positive value that falls still describes annual expansion, only at a smaller pace.
No. It describes a year-over-year increase in an attributed supply share. It neither timestamps a purchase today nor verifies that the beneficial owner is in Asia.
The first supplied observation is a raw ratio of 0.91165 in January 2010, equivalent to 91.165 percentage points on this scale. It comes from the network’s earliest annual comparison and should be treated separately from later history.
No. This metric concerns supply attribution and its annual change. Session returns measure price performance during specified hours and use a different calculation.