Realized HODL Waves
Litecoin
Realized HODL Waves weight the age-band supply distribution by each band's realized (cost-basis) value.
Why it matters
They show where invested capital, not just coins, concentrates by holder age.
How it is built
Each age band's share is scaled by its realized value over time.
What to watch
Capital-weighted waves better capture wealth concentration and value rotation across the cycle.