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Glassnode

Description

Definition. The total volume of coins sold at a profit, segmented by holding-period age cohort. A sale is in profit when the sale price was higher than the acquisition price. Cohorts span from hot supply (most recently acquired) to cold supply (long-dormant coins).

Technical. Breakdowns use an address-based approach, analyzing transactions and holdings at the wallet-address level to keep results comparable across digital assets and consistent across different blockchain architectures. This contrasts with the UTXO-based approach available for some chains (e.g. Bitcoin), and cross-method comparisons may show small deviations.

Interpretation. Surfaces how profit-making sale volume concentrates across hot-to-cold age cohorts. Answers questions of the form: are older coins being sold at a profit more frequently than newer coins?

Latest Values
as of 08 Aug 2026
>10y0
7y-10y0
5y-7y22.13595553
3y-5y105.70578613
2y-3y225.15500495
1y-2y61.99111412
6m-12m10.25844988
3m-6m47.61858657
1m-3m5,862.85877273
1w-1m29,622.52970939
1d-1w80,150.27069861
24h166,005.74702633
Aggregated282,114.27110424