BITCOIN SWING TRADERS
What are the people who trade in and out within weeks doing?
About 0.96% of owners trade in and out within weeks, and they hold 3.06% of the coins we can sort.
Share of owners who trade in and out within weeks
Out of every wallet group we can sort, the share that fits the Swing Traders description on each day.
Where it stands today
0.96% of owners, 3.06% of the coins, and 49.9% of the coins the six groups sent out in the past 30 days.
How big is the group?
37,146 wallet groups, 0.96% of the 3.9 million we can sort. Together they hold 43,183 coins, 3.06% of what those wallet groups hold.
4,533 of them moved coins on the latest day. A wallet group is a set of addresses the chain shows under one control. It is not a person: one person can run several, and one business runs many.
What did they move?
In the past 30 days they sent 242,877 coins out and received 231,896. That is 49.9% of everything the six groups sent out, from 3.06% of the coins.
The coins they sent out equal 562% of what they hold. Sent out means the coins left the wallet group. It does not say where they went, why, or at what price.
Is the group getting bigger?
Its share of owners is 0.96% today, against 1.22% a year ago.
Wallet groups join and leave this group every day, as their last year changes. A line here mixes people entering and leaving, so read it as a size, not as a crowd moving together.
How sure can we be?
This sorts wallet groups by what they did over the past year. It does not say what they will do next, or whether they did well.
The numbers run a few days behind. The 42 days is the average age of everything a wallet group held on the days coins left it, weighted by how much left. It is not how long they hold, and not the age of the coins that left.
The six groups, side by side
| Group | Wallet groups | Share of owners | Coins held | Share of coins | Sent out, 30 days |
|---|---|---|---|---|---|
| Swing TradersSent coins out on at least 3 in every 10 active days, on at least 8 days in the past year, while what it held averaged 42 days old or less on those days. | 37,146 | 0.96% | 43,183 | 3.06% | 242,877 |
| AsleepHas not moved coins for more than five years. | 1,920,098 | 49.9% | 96,037 | 6.81% | 1,273 |
| Only BuyersReceived coins on at least one day in the past year and sent nothing out. | 31,016 | 0.81% | 425,149 | 30.2% | 34,117 |
| Piling UpSent coins out on at most 1 in 5 active days, received on at least 4 days, and holds at least 5% more than a year ago. | 24,878 | 0.65% | 52,223 | 3.70% | 10,361 |
| Cashing OutHolds at least 30% less than a year ago and sent out at least twice what it took in. | 113,487 | 2.95% | 93,612 | 6.64% | 9,140 |
| Everyone ElseEveryone the five descriptions above do not fit. | 1,725,053 | 44.8% | 699,779 | 49.6% | 188,659 |
The six add up to every wallet group we can sort. Businesses holding coins for other people, and miners, are not in them. A wallet group is in exactly one.
Understanding
Bitcoin Swing Traders
Where it stands today
0.96% of the wallet groups we can sort fit the Swing Traders description, 37,146 of 3,851,678 as of .
They hold 43,183 coins, 3.06% of the coins those wallet groups hold as of .
Who counts as a Swing Trader?
Swing Traders is a name for a group of owners, picked by what they did. Over the past year a wallet group counts as one if it sent coins out on at least 3 in every 10 days it was active, did so on at least 8 separate days, and held coins that averaged 42 days old or less on those days. All three have to be true to join. To stop a group flickering from one day to the next, a wallet group stays in until it falls clearly short: under 2 in 10 active days, fewer than 8 days, or an average age above 60 days.
What does 42 days mean?
The 42 days is easy to misread. It is the average age of everything a wallet group held on the days coins left it, weighted by how much left. It is not how long the group holds, and it is not the age of the particular coins that left, because the records keep one average per wallet group and not a date for every coin.
Is a wallet group a person?
A wallet group is a set of addresses that the chain shows under one control, because some of them were spent together in one transaction. It is not a person. One person can run several, and one business runs many. Businesses that hold coins for other people, and miners, are left out of all six groups on this page.
Why does the group change every day?
The group changes every day. Wallet groups join as their last year comes to fit the description and leave as it falls clearly short of it, so a line on this page mixes people entering and leaving. The numbers also run a few days behind, because a day is only counted once the days after it have settled.
What can this not tell you?
This page says what the group did. It does not say what the group will do next, whether it did well, or why it moved coins. The other five groups sit beside it for context: Asleep, Only Buyers, Piling Up, Cashing Out and Everyone Else. Together the six cover every wallet group we can sort, each in exactly one.
Source: Wallet groups the chain shows under one control, sorted by what they did over the past year, as of 1 Nov 2026. Reading for .