Relative distribution of the total profit and loss (USD value) of all coins moved by long- and short-term holders. Long- and Short-Term Holder supply is defined with respect to the entity's averaged purchasing date with weights given by a logistic function centered at an age of 155 days and a transition width of 10 days.

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.