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Glassnode Research
Company blog · insights.glassnode.comeconomicsdata
Glassnode Research is the company blog at insights.glassnode.com, writing about economics and data. Since 2019, 14 different Hacker News readers have linked it 16 times, most often “Bitcoin Ownership Is Not Highly Concentrated. But Whales Are Accumulating”. It is still writing: the last post was on 2026-11-02, and you can follow it by feed.
Too few sampled comments (10) to say how often HN recommends it.?
Why HN links it
Glassnode Insights publishes on-chain bitcoin analysis, such as supply distribution, smart-money tracking and weekly on-chain reports, which HN commenters link when discussing bitcoin markets.
Summarised by Claude from a sample of 10 HN comments that link here. Each comment is marked recommending, critical or neutral (citing without judging); how this works.
Most-linked posts?
- Bitcoin Ownership Is Not Highly Concentrated. But Whales Are Accumulating7 people · 7 mentions · first linked 2021-02-03
- Following the Smart Money: A Study of Long-Term Holders2 people · 2 mentions · first linked 2021-10-20
What Hacker News says?
Correct, but that does not mean its unfair. It just means being late, in the same way that I didn't buy early Apple stock. Nothing prevented me from buying that stock, the opportunity was equal at the time. Whilst anybody is forgiven for not knowing about the very start of BTC at some obscure mailing list, since then there has been a decade of mainstream media exposure, a huge amount of time to acquire BTC. Failing…
Comment linking /bitcoin-supply-distribution/
on “Edward Snowden Slams Sam Altman's Worldcoin: 'Don't Catalogue Eyeballs'”Submitted Bitcoin Ownership Is Not Highly Concentrated. But Whales Are Accumulating as a story · 20 points
HN discussionhttps://insights.glassnode.com/bitcoin-supply-distribution/
Comment linking /bitcoin-supply-distribution/
on “Bitcoin is largely controlled by a small group of investors and miners”Submitted Following the Smart Money: A Study of Long-Term Holders as a story · 2 points
HN discussionThe arguments outlined are not particularly strong unless you are already predisposed to not liking Bitcoin (which is fine, not liking a particular security is a perfect reason not to invest in it - however it's a bad reason to bet against it) 1: BTC is not controlled by insiders. Sure it's a great headline but once you account for the fact that a BTC wallet owned by an exchange that pools large amount of customer f…
Comment linking /bitcoin-supply-distribution/
on “Shorting Bitcoin”Submitted The State of DeFi as a story · 2 points
HN discussionIt doesn't concentrate wealth, because it's a zero-sum game. The only way to acquire bitcoin is to be productive and contribute to society. Otherwise, they'll have to spend their bitcoin. Fiat monetary system, on the other hand, allows creating more money for those who are already wealthy, i.e. wealth is constantly transferred from the poor to the rich. Consumerism is caused by forced spending and growth through inf…
Comment linking /bitcoin-supply-distribution/
on “Joseph Stiglitz: 'We should shut down the cryptocurrencies'”Submitted No, Bitcoin Ownership Is Not Highly Concentrated as a story · 2 points
HN discussion1. It's a false narrative that majority of bitcoin is held by a small majority, as this doesn't account for custodianship services, funds, lost coins, etc. [1] 2. Many companies and citizens and even the US gov itself have over $1M in bitcoin, to name a few: Square, Microstrategy/Michael Saylor, Greyscale, Tim Draper, Winklevoss/Gemini, etc [2] Safe to say, Bitcoin and crypto is Big Business now in the US, with hund…
Comment linking /bitcoin-supply-distribution/
on “Ray Dalio: ‘Good probability’ the U.S. will outlaw Bitcoin”Submitted Avalanche: New DeFi Blockchain Explained as a story · 1 points
HN discussionYou could say the same thing any time in the past an you'd be wrong every time. That curve will predict such high price but in year 3400 (I'm guessing, I didn't check yet because I wasn't interested in time horizons that exceed my foreseeable future). It's a logarithmic curve (albeit on logarithmic plot). For example the bull market in 4 years from the one that we are currently entering will result in just doubling…
Comment linking /content/images/2023/02/07_mvrv_extremes.png
on “A Week of Failing to Pay with Bitcoin in El Salvador”Submitted Asymmetric Correlations of On–Chain Activity in Crypto Networks as a story · 1 points
HN discussionWikipedia tells me there are in fact a hair under 19 million Bitcoin minted. I am willing to believe this site is getting the large exchange component right, or at least conservatively right (conservative in that it's unlikely to be claiming coins that don't exist, but it's possible exchanges have additional coins not listed, and it's possible there are other exchanges not listed). Googling, it seems that the best e…
Comment linking /bitcoin-liquid-supply/
on “Coinbase Halts Operations in Japan”I am not going into the other direction though. I am not in any way saying the USSR or Chinese political system is or was desirable. I explicitly gave the judicial branch as implemented in Western democratic societies as an example. I'm no expert in Canadian politics, but to me it seems reasonable to assume that, just like in any other Western democratic society, the gov introducing wartime measures isn't what's day…
Comment linking /bitcoin-supply-distribution-revisited/
on “Cryptocurrencies add nothing useful to society, says chip-maker Nvidia”but the question is: how easily can you detect profit taking? here's an interesting analysis: https://insights.glassnode.com/follow-the-smart-money/
Comment linking /follow-the-smart-money/
on “$65,000 Bitcoin a New All Time High”Have they just made this number up or am I missing something? It appears nowhere in the quoted source https://insights.glassnode.com/the-week-onchain-week-19-2022...
Comment linking /the-week-onchain-week-19-2022/
on “40% of Bitcoin investors are now underwater, new data shows”
