Entity-Adjusted LTH Realized Profit to Exchanges
- 1M1M
- 3M3M
- 6M6M
- 1Y1Y
- ALLALL
- LinearLinear
- LogLog
About this metric
What it measures
Entity-Adjusted LTH Realized Profit to Exchanges sums the USD gains embedded in profitable deposits attributed to the long-term holder cohort, generally holding ages around 155 days or older. It filters identified internal transfers and measures the gain over acquisition cost, not the full value deposited.
How to read it
A rising total shows more profit-bearing older capital arriving at tracked exchanges, potentially adding supply available for trading. The series reached about $1.46 billion on July 17, 2021, and $1.47 billion on July 30, 2024. A lower reading means fewer recognized gains in these deposits, but does not establish lower total exchange inflows.
An exchange deposit can serve custody, collateral or settlement rather than an immediate sale. Labels and cohort attribution may change, and low-cost coins can dominate the gain total. Compare with deposit volume and network-wide LTH realized profit; separate series may peak on different days.
- Frequency
- Daily (UTC 00:00)
- Asset
- BTC
- Category
- On-chain Indicators
- Type
- Single value
- Unit
- USD
- Data since
- 2011-08-17
- Latest data
- 2026-10-27
- Data points
- 5,551
FAQ
Does LTH exchange profit show cash received by long-term holders?
No. It values the gain over attributed cost when coins reach a tracked exchange. It does not observe the later execution price or establish that the depositor received cash.
Why can LTH exchange profit rise while total deposit value falls?
A smaller deposit of much lower-cost coins can carry more accumulated profit. The metric follows the gain component, while deposit value also includes the original cost basis.
Do LTH exchange-profit peaks coincide with network-wide LTH profit peaks?
They need not. In the supplied history through October 17, 2026, the exchange series peaked on July 30, 2024, while the network-wide LTH series peaked on July 17, 2025. Destination and timing matter when comparing them.
