Realised Realisedpnl Bycohort Bands LTH Realisedpnl Bycohort Bands LTH

Bitcoin

This tracks the realized profit and loss actually locked in by long-term holders when they spend coins.

Why it matters

It shows the intensity of conviction-holder selling and the profits they are booking.

For long-term-holder spent coins, realized profit and realized loss are computed and plotted over time.

Large realized-profit surges mark long-term-holder distribution near tops; realized losses mark their capitulation at bottoms.