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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 12 Sep 2026
>10y0
7y-10y0
5y-7y4.31134599
3y-5y159.67965723
2y-3y1.01000799
1y-2y2.0459181
6m-12m13,899.48965191
3m-6m2,237,664.44322536
1m-3m17,782,606.39697126
1w-1m677,935,624.700965
1d-1w44,539,767.31682785
24h405,897,939.54855335
Aggregated1,148,407,668.9431238