US Hours Supply Year-over-Year Change
- 1M1M
- 3M3M
- 6M6M
- 1Y1Y
- ALLALL
- LinearLinear
- LogLog
About this metric
What it measures
US Hours Supply Year-over-Year Change tracks the annual shift in the share of Bitcoin supply attributed to US activity hours. The underlying attribution uses on-chain activity timing; the share change is shown in percentage points, not BTC or the percentage growth of a US holdings balance.
How to read it
Positive readings indicate a larger attributed share than a year earlier; negative readings indicate a smaller one. The US series remained positive throughout 2020 and 2021 but negative throughout 2023 and 2024, illustrating that a regional share can shift across years independently of a simple price-cycle rule.
Time-of-day attribution is a proxy, not proof of an owner’s location or nationality. Global custodians, automated transfers and changing transaction schedules can alter it. A rising line below zero means the annual decline is narrowing, and the yearly comparison should not be interpreted as that day’s capital flow.
- Frequency
- Daily (UTC 00:00)
- Asset
- BTC
- Category
- Supply
- Type
- Single value
- Data since
- 2010-01-03
- Latest data
- 2026-10-27
- Data points
- 6,142
FAQ
Does US-hours supply measure bitcoin owned by US citizens?
No. It attributes supply using activity timing rather than citizenship, verified residence or an exchange’s registration. A globally operated wallet may transact during US hours without its beneficial owners living there.
What does a reading of -1.602 mean on the percentage scale?
It corresponds to the raw ratio -0.01602 and represents a decline of 1.602 percentage points in attributed supply share over the year. It is not a 1.602% fall in the BTC price.
Can US-hours supply change be compared with Asia and Europe?
Yes, as related estimates of how the supply share shifts between activity-hour groups. Compare all three over the same dates; do not treat them as independent measures of newly issued supply.
