- Glassnode’s Multi-Asset Explorer heatmaps 1,000+ assets, revealing rotations and excesses hidden in single charts.
- Custom filters track funding rates to whale losses, spotting capitulations and cycles in 2025’s alt surge.
- Pro-only tool uncovers BTC-alt divergences, vital for fragmented liquidity navigation.
In an era where crypto liquidity is spilling far beyond Bitcoin and Ethereum’s shores, Glassnode has dropped a game-changer: the Multi-Asset Explorer. Launched this week amid surging altcoin volumes, this experimental dashboard crunches on-chain and market metrics across over 1,000 assets in one fell swoop. Gone are the days of siloed analysis—now, traders and researchers can spot collective market pulses through intuitive heatmaps, revealing rotations, capitulations, and speculative fever that single-asset charts miss entirely.
Picture this: a sprawling heatmap where rows are assets (from BTC to obscure memes), columns are days, and cells glow red for overheated funding rates or green for profit-soaked supplies. The upper panel overlays Bitcoin’s trajectory against the market median, flagging divergences—like when alts bleed while BTC holds firm. It’s not just pretty pixels; it’s a macro lens on ecosystem dynamics. As of October 2025, with DeFi TVL rebounding 40% YTD and AI tokens like FET up 300%, tools like this are essential for navigating the “altseason 2.0” hype.
Key to its power? Metrics like funding rates (spotting long/short biases), relative supply in profit (gauging distribution risks), realized losses from whales (capitulation signals), and activity retention (new vs. churning wallets). Users can filter by sector—Layer-1s, Ethereum ecosystem, memes, stablecoins—and tweak aggregates like medians or percentiles. Daily resolution keeps it snappy, but pros can drill deeper via APIs. Exclusive to Glassnode’s Professional plan, it’s a $29/month steal for the insights unlocked.
Use cases abound. Spot speculative excess: Red funding rate bands in early 2025 preceded a 20% altcoin drawdown, as capital chased high-beta plays. Track rotations: Profits clustered in large caps while DeFi and gaming bled red, signaling buy-the-dip opportunities. Or map participation cycles: New wallet spikes at tops, churn at bottoms—classic retail FOMO etched in data. “This divergence highlights how the Multi-Asset Explorer surfaces asymmetric strength and rotation,” Glassnode notes, where majors consolidate as alts exhaust.
As liquidity fragments across chains, this tool democratizes holistic analysis, arming investors against blind spots. In a market where 70% of volume now flows to top-500 alts, ignoring the collective is a recipe for regret. Dive in at studio.glassnode.com—your edge awaits.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.




