Realised Realisedpnl Bycohort Bands STH Realisedpnl Bycohort Bands STH

Bitcoin

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

Why it matters

It shows how aggressively recent buyers are booking gains or losses.

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

Spikes in realized loss mark recent-buyer panic near local bottoms; realized-profit spikes mark exuberant selling near local tops.