Definition. UTXO Realized Price Distribution (URPD), ATH-Partitioned, is a histogram showing the amount of supply that last moved within each price bucket. Each bar reports the supply share whose last on-chain movement landed inside that bucket, and the price on the x-axis refers to the bucket's lower bound. ATH-partitioned means the price range between 0 and the current all-time high is divided into 100 equally spaced buckets. URPD: Percent-Partitioned is the counterpart with buckets anchored at the current price.

Technical. For BTC, each UTXO is assigned to a bucket based on its price during creation. For other assets, the metric shows a generalization that also applies to account-based chains: Each address's full balance falls into the bucket of its balance-weighted average acquisition price. For BNB, DOGE, ETH, SOL, TON, TRX and XRP, supply held by contracts is excluded.

Notes. For more details, see the introduction article. For more information on entity-adjustment and account-based metrics, read our articles here and here.