Bitcoin Live

A live feed of global, unconfirmed Bitcoin transactions as they're submitted.

Common questions

What is an unconfirmed Bitcoin transaction?

One that has been broadcast to the network but not yet included in a block. This page shows them as they are relayed and marks each one confirmed when a block containing it arrives, about every ten minutes. Until then it can still be replaced by a version paying a higher fee, or dropped.

Why is the amount moved smaller than the transaction's outputs?

A transaction spends earlier outputs whole, so whatever the sender does not pay away comes back to them as another output, called change. Adding up every output counts that change as though it moved. The figures here are net: an output returning to an address that funded the transaction is left out, and so is the change in a recognisable batch payout.

How are exchange and government wallets recognised?

By matching every transaction against a short, hand-checked list of notable addresses: exchange cold and hot wallets, government seizures, historic addresses and large unattributed holdings. A match is highlighted, and when one side is an exchange the whale panel says whether coins moved onto it or off it. Most exchange traffic passes through deposit addresses used once, so most of it is never flagged, and every label is an attribution rather than proof of ownership.