SubnetStats

The leading Bittensor subnet intelligence platform. Comprehensive analytics for TAO subnets at

[SubnetStats @SubnetStats]

Bittensor analytics tell you what happened.

They don't tell you WHO did it.

Today we're launching the rebuilt SubnetStats — every buyer and seller on all 128 subnets, named against the metagraph.

Who's on the other side of your trade? 🧵

[SubnetStats @SubnetStats]

SN80 topping our heat score (7.5x).

99% of holders in profit.

Smart Wallet Score: -3.3%

Our data lets you connect the dots.

[SubnetStats @SubnetStats]

SN28 @say_gm_ seeing buying from all cohorts today, driven in part by a rotation from SN53.

Data here: https://t.co/lSxzoUiSHg

[SubnetStats @SubnetStats]

@Jemmy_AI @DrocksAlex2 No staking rewards in this analysis.

[SubnetStats @SubnetStats]

On SN61 RedTeam, 98% of tracked holders are sitting in profit. On SN28 gm, 96%.

Our own testing says that's a yellow light, not a green one. Crowded winners underperformed the following week.

Everyone being right is what a crowded trade looks like.

[SubnetStats @SubnetStats]

@DrocksAlex2 ~10% in profit

[SubnetStats @SubnetStats]

Review the data yourself 👇
https://t.co/DDSPQpgtLR

[SubnetStats @SubnetStats]

Our heat metric correctly signaled underperformance for several bittensor:native subnets this week.

It's one of our strongest indicators: high heat scores preceded underperformance in our backtests.

See it yourself
https://t.co/DDSPQpgtLR

[SubnetStats @SubnetStats]

On the median Bittensor subnet, 30 of the 100 biggest holders are gone a month later.

Not shrunk, gone. 89% of them dropped out of the top 600 entirely.

35 subnets kept fewer than 60.

It takes a daily record of who held what to see this.

https://t.co/lSxzoUiSHg

[SubnetStats @SubnetStats]

On the median subnet, the top 1% of holders control 27.5% of the entire alpha supply.

On 19 subnets it's above 40%. The most concentrated is 55%.

Emissions get distributed. Ownership doesn't.
https://t.co/EYrYbTrWKp

[SubnetStats @SubnetStats]

Whales positioning into SN107 @theminos_ai, +12% today, driven by a 1,000 bittensor:native buy from a single address.

See whale flows before you trade👇
https://t.co/lSxzoUiSHg

[SubnetStats @SubnetStats]

Two Bittensor trends moving opposite ways this week:

Subnets with positive 14d pool-depth momentum: 43 to 49.

Subnets with positive 7d price momentum: 45 to 41.

Liquidity is arriving in more subnets while price momentum leaves them.

https://t.co/DDSPQpgtLR

[SubnetStats @SubnetStats]

The SubnetStats Data API is live.

Cost-basis ladders, exchange-flow attribution and signal verdicts for all 128 Bittensor subnets.

https://t.co/qr5ireWZk2

[SubnetStats @SubnetStats]

SN71 Leadpoet is today's biggest mover on Bittensor: +36%.

15,662 $TAO traded against a pool holding 5,738 — the subnet turned over 2.7x its own depth in a day, on 227 buyers against 203 sellers.

Net inflow: +868 TAO.
https://t.co/DDSPQpgtLR

[SubnetStats @SubnetStats]

The SubnetStats Data API is live.

Cost-basis ladders, exchange-flow attribution and signal verdicts for all 128 Bittensor subnets.

https://t.co/qr5ireWZk2

[SubnetStats @SubnetStats]

Going into this week: 12 of 128 bittensor:native subnets flag overheated. 61 flag bounce.

[SubnetStats @SubnetStats]

SN51 has the smallest 60-day drawdown of all 128 bittensor:native subnets. −5.8%.

Underneath: miners sold 3,132 τ over 30 days. The owner bought back 2,026 τ and sold nothing.

The price chart alone won't show you these flows✍️
https://t.co/gYxEaM42lY

[SubnetStats @SubnetStats]

5 subnets flipped to overheated this week.

22 flipped the other way, into bounce.

The board going into the week 👇
https://t.co/j6TgOxqYVx

[SubnetStats @SubnetStats]

SN24 fell 70% today. Everyone's looking for the whale. There wasn't just one🔍

522 wallets sold. The top 5 were only 12% of the flow — this was a crowded exit, not a single seller.

What was actually visible beforehand:

🔴 Overheating climbed 4 days straight: 0.88 → 1.11 → 1.79 → 2.63
🔴 Our signals flagged SN24 as FADE on 29 July, three days before the drop
🟡 24h volume hit 7.4× the entire pool depth
🟡 Insiders sent 1,360 bittensor:native to exchanges over 30 days, net −732 τ

And the part that stings: holders grew +173 in the same 4 days the signal was screaming. Insiders left quietly for a month, new holders arrived for the top.

We publish these flags before the move, then score them → https://t.co/kuo2fXqFCg