Realized Loss by Holding Period
- 1M1M
- 3M3M
- 6M6M
- 1Y1Y
- ALLALL
- ValueValue
- ShareShare
About this metric
What it measures
Realized Loss by Holding Period adds up the USD loss on coins spent below their previous last-move price and groups it by age immediately before spending. For each qualifying coin, the price decline is multiplied by BTC volume; the bands run from <24h to >10y, with Total covering all bands.
How to read it
Rising losses in 1d–1w or 1w–1m point to recently moved coins being repriced lower; a surge in 1y–2y reveals losses on much older holdings. The latter band reached about $3.94 billion on November 18, 2022, while 1m–3m had its own peak of about $1.19 billion on June 13 that year, showing that loss events can involve different acquisition periods.
A low reading can mean little spending rather than an absence of underwater holders. Internal transfers can realize a measured on-chain loss without a sale, and higher BTC prices make nominal USD losses across cycles hard to compare. Some old bands remain at zero in this dataset; zero loss does not mean no coins of that age moved.
- Frequency
- Daily (UTC 00:00)
- Asset
- BTC
- Category
- Cohorts
- Type
- Breakdown
- Unit
- USD
- Data since
- 2009-01-12
- Latest data
- 2026-10-27
FAQ
Are realized losses shown as negative values?
No. This chart shows the positive magnitude of losses in USD, summed separately from profits. A larger value means more loss was realized, not a net profit.
Why can old coins move while their realized loss stays at zero?
Only transfers below the coins' previous cost contribute a loss. Coins acquired cheaply can move at a profit even during a market decline, leaving their age band's loss at zero.
Does the 3m–6m band equal long-term holders?
No. The usual long-term holder boundary is about 155 days, which lies inside 3m–6m. The age bands cannot be mapped to long- and short-term holders by adding whole bands alone.
