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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 13 Sep 2026
>10y0
7y-10y0
5y-7y117.49568982
3y-5y9,812.38296507
2y-3y2,737.89072345
1y-2y7.51242589
6m-12m16,574.41183693
3m-6m81,034.2478717
1m-3m436,443.8361847
1w-1m843,106.97470828
1d-1w623,012.14941505
24h18,246,560.41889691
Aggregated20,259,407.32071779