Bitcoin B2C - Volume

B2C (Business-to-Consumer) Volume aims to track the amount of BTC exchanged from Businesses to Customers. A good example might be transactions from exchanges to traders. Use case: somebody wants to cache out profits from trading.

The algorithm infers "Institutional" addresses using this 3 metrics:

• Transactions frequency.
• Time the accounts do a high amount of transactions.
• Amount spent and received.

Assumptions made:

• High transactions frequency is a good indicator of an account that does programmatic transactions.
• Business accounts seem to be active every day or follow a pretty strict activity pattern.
• Businesses tend to move a lot more money than Customers.

*Note

• Only On-chain data was used to compute this metric. Transactions executed off-chain on Lightning Network are not being taken into account.
• "Person" addresses are the addresses that the algorithm did not infer as Institutional.
• Correlation Score is the Pearson correlation coefficient.