Supply in Loss is a metric that measures the supply of digital assets that is currently in loss, meaning the current price is lower than the acquisition price. The Supply in Loss by Age metric further categorizes the supply in loss into different age cohorts, offering a detailed view of the distribution across varying holding periods for these assets, from hot supply (recently moved coins) to cold supply (older, dormant coins).

Note: The breakdown metrics utilize an address-based approach, analyzing transactions and holdings based on individual wallet addresses to facilitate comparability across digital assets and to ensure consistent analysis across various blockchain architectures. This contrasts with the alternative UTXO-based approach for chains like Bitcoin, where unspent transaction outputs are analyzed to categorize asset properties. As such, metrics for UTXO-based assets may show slight deviations if compared across these different computational methods.

This is the Point-in-Time (PiT) variant of Supply in Loss by Age. PiT metrics are strictly append-only and their history is immutable. The historic data does not necessarily reflect the best current knowledge, but the information at the time when a data point was first computed. PiT metrics are ideal candidates for applications in model backtesting and related quantitative purposes. Read our article on PiT metrics for more information.