Definition. Treasury Profit Ratio (Companies) measures the profit or loss on holdings for institutional holders, market makers, and corporate entities with crypto investments. The series displays individual company profitability, supporting tracking of which companies are in profit or loss on their positions. The "other" category includes non-whitelisted entities.

Technical. Because the exact trading conditions such as prices are usually unknown, the metric should be considered an estimation only.

Interpretation. Positive values indicate profit, while negative values indicate unrealized losses.

Notes. Source data provided by CoinGecko.