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Glassnode

Description

Definition. The total volume of coins sold at a profit, segmented by holding-period age cohort. A sale is in profit when the sale price was higher than the acquisition price. Cohorts span from hot supply (most recently acquired) to cold supply (long-dormant coins).

Technical. Breakdowns use an address-based approach, analyzing transactions and holdings at the wallet-address level to keep results comparable across digital assets and consistent across different blockchain architectures. This contrasts with the UTXO-based approach available for some chains (e.g. Bitcoin), and cross-method comparisons may show small deviations.

Interpretation. Surfaces how profit-making sale volume concentrates across hot-to-cold age cohorts. Answers questions of the form: are older coins being sold at a profit more frequently than newer coins?

Latest Values
as of 22 Oct 2026
>10y0
7y-10y0
5y-7y379.18094791
3y-5y346.72354356
2y-3y297.33939847
1y-2y898.47635473
6m-12m1,375.43997286
3m-6m1,893.55182711
1m-3m149,805.01692544
1w-1m6,053.05313998
1d-1w22,932.14910489
24h84,807.98926811
Aggregated268,788.92048306