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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 30 Aug 2026
>10y17.0361633
7y-10y165.65920531
5y-7y1,639.42905826
3y-5y834.50635447
2y-3y672.53645831
1y-2y4,019.29700325
6m-12m1,636.01561811
3m-6m8,555.01927599
1m-3m15,455.65050702
1w-1m93,712.00790259
1d-1w197,166.78747466
24h252,883.38846044
Aggregated576,757.33348173