Realized Price is a metric that calculates the average acquisition cost of a digital asset based on the price at the time each unit last moved. The Realized Price by Age metric further categorizes digital assets into different age cohorts, providing a detailed view of the average acquisition cost of supply portions of varying ages. This metric is particularly useful for understanding the distribution of acquisition costs across different age cohorts, from hot supply (newly bought coins) to cold supply (older, dormant coins). For example, it can help answer questions like, 'Is the average acquisition cost higher for older or newer coins?'

Note: The breakdown metrics utilize an address-based approach, analyzing transactions and holdings based on individual wallet addresses to facilitate comparability across digital assets and to ensure consistent analysis across various blockchain architectures. This contrasts with the alternative UTXO-based approach for chains like Bitcoin, where unspent transaction outputs are analyzed to categorize asset properties. As such, metrics for UTXO-based assets may show slight deviations if compared across these different computational methods.