Entity-Adjusted Long-Term Holder Transfer Volume in Loss
- 1M1M
- 3M3M
- 6M6M
- 1Y1Y
- ALLALL
- LinearLinear
- LogLog
About this metric
What it measures
Entity-Adjusted Long-Term Holder Transfer Volume in Loss sums the BTC transferred between distinct entities each day from the long-term holding cohort when the transfer price is below the estimated acquisition cost. Addresses attributed to one owner are grouped to exclude identified internal transfers; the long-term boundary is around 155 days.
How to read it
An increase shows more older holdings moving below cost, revealing activity among holders who have sat through losses. The series reached about 67,689 BTC on November 23, 2022, versus a 2022 low near 453 BTC. Falling volume means fewer loss-making older coins are moving, but may reflect inactivity rather than recovery.
This measures coin volume, not the dollar size of losses or a confirmed sale. Entity clustering and cost estimates can change, and transfers to another custodian can qualify without an exchange trade. Compare it with profitable LTH transfers and loss-making LTH exchange inflows to assess the destination and broader mix.
- Frequency
- Daily (UTC 00:00)
- Asset
- BTC
- Category
- Transfers & Transactions
- Type
- Single value
- Unit
- BTC
- Data since
- 2009-01-12
- Latest data
- 2026-10-27
- Data points
- 6,498
FAQ
Does LTH transfer volume in loss measure realized losses in dollars?
No. It adds the BTC amount of qualifying transfers, irrespective of how far below cost each transfer occurs. The dollar loss requires weighting each amount by its price shortfall.
How does this differ from LTH exchange inflows in loss?
This series covers qualifying transfers between entities regardless of destination. LTH exchange inflows in loss restrict the destination to identified exchanges, so they describe a narrower route toward potential trading.
What is the highest recorded entity-adjusted LTH loss volume?
The supplied history peaks at about 242,793 BTC on November 28, 2014. That is an extreme transfer reading, not evidence that the entire amount was sold that day.
