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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
>10y0
7y-10y0
5y-7y48.62531446
3y-5y1,749.00702046
2y-3y3,342.75611975
1y-2y2,027.06496768
6m-12m14,357.81773581
3m-6m257,744.94915257
1m-3m424,371.06741744
1w-1m4,065,349.96265263
1d-1w16,243,897.73793631
24h19,662,753.56510923
Aggregated40,675,642.55342636