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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 26 Jun 2026
>10y48.07943472
7y-10y187.67588457
5y-7y466.79714211
3y-5y824.3083854
2y-3y210.9962466
1y-2y64.12271343
6m-12m0.61941848
3m-6m0.20306169
1m-3m0.08528835
1w-1m3.3463927
1d-1w1,572.87566116
24h89,925.09871057
Aggregated93,304.20833978