Short-Term Holder Exchange Inflow Volume in Profit

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Short-Term Holder Exchange Inflow Volume in Profit sums BTC deposited into tracked exchange addresses by short-term holders at a price above the coins' on-chain cost reference. It covers the recent-holder cohort, broadly less than about 155 days of holding, and is reported in BTC per day.

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A rise shows more recent-holder coins arriving at exchanges with gains relative to their cost reference, making potential profit realization more visible. A lower reading can reflect fewer profitable coins being deposited or less overall deposit activity. The largest recorded day was November 3, 2015, at about 126,465 BTC; it was not the same date as the peak in total STH exchange inflows.

This is the amount of BTC involved, not the profit earned, and a profitable deposit need not lead to a trade. Because the cohort changes as coins move and age, compare the profit share of STH inflows as well as the absolute volume instead of treating every rise as stronger pressure.