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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 14 Sep 2026
>10y0
7y-10y1,388.30779548
5y-7y984.10840502
3y-5y1,530.2814425
2y-3y3,935.97334967
1y-2y1,242.14735982
6m-12m3,595.74549208
3m-6m24,318.4036786
1m-3m38,273.15019512
1w-1m292,060.22861295
1d-1w260,197.88799939
24h870,530.12607468
Aggregated1,498,056.36040529