Entity-Adjusted variant of Realized Loss, which denotes the total profit (in USD) of all moved coins whose price at their last movement was lower than the price at the current movement.
Volume transferred between addresses owned by the same entity cluster is excluded. As such, no value is realized during internal or “in-house” transfers.
Entities are defined as a cluster of addresses that are controlled by the same network entity and are estimated through advanced heuristics and Glassnode's proprietary clustering algorithms. Note that entity–based metrics are based on data science techniques and statistical information that changes over time and are therefore mutable – the data is stable, but most recent data points are subject to slight fluctuations as time progresses. For more information see this article.