New long-form is up: Where Do Claude Code Tokens Actually Go? I Measured 6.5 Billion
I read a full week of my own Claude Code logs (my Shorts pipeline, the nightly episode job and my own sessions, so a heavier setup than most) and sorted every token by where it went.
What I found: 95% of the 6.5 billion tokens were cache re-reads, because every step re-sends the whole conversation. Priced at API list rates (I'm on a flat plan), cache writes were the heaviest slice at 49%. The longest 10% of threads used 74% of everything. Tool output was only 0.2% as new text, but it gets re-read on every later step, roughly 68 times its size by my estimate.
Question for you: how long does your longest Claude Code session run before you clear it, and what does /usage say your top row is?