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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 25 Jun 2026
>10y1.26378789
7y-10y38,528.31054018
5y-7y775.00947217
3y-5y2,894.16595056
2y-3y53.32698308
1y-2y111.50961789
6m-12m2.63230607
3m-6m0.82390508
1m-3m22.58573967
1w-1m1,206.36249787
1d-1w2,859.3344419
24h475,174.94578299
Aggregated521,630.27102535