The Cost Basis Distribution (CBD) Quantiles metric calculates the distribution of realized prices for unspent digital assets by dividing them into 100 quantiles (percentiles) for each day. This metric provides a granular view of where the total supply was acquired, helping investors observe how supply is distributed across different price levels. By examining the quantile lines, investors can identify the proportion of supply that was acquired below the current market price and is potentially at a loss. Additionally, the metric allows users to detect price levels where a higher concentration of supply accumulated, as indicated by denser clustering of quantile lines over a specified time range. This detailed analysis helps investors understand both the current state of unrealized gains or losses and historical patterns of supply concentration.

Note: All CBD metrics utilize an address-based approach, analyzing holdings based on individual wallet addresses for consistency across digital assets and comparability across blockchain architectures. This differs from a UTXO-based approach, as used in metrics like URPD, which categorizes supply based on unspent transaction outputs, typically used for chains like Bitcoin. Therefore, metrics for UTXO-based assets may show slight differences when compared across these distinct computational methods.