Short-Term Holder Cost Basis Distribution Heatmap
- 1M1M
- 3M3M
- 6M6M
- 1Y1Y
- ALLALL
About this metric
What it measures
Short-Term Holder Cost Basis Distribution Heatmap is intended to group recently moved BTC by last-moved USD price, using a short-term age reference around 155 days. Density would show BTC in each acquisition-price band, but the available data only provide Price and fixed Max price and Min price references.
How to read it
A populated short-term distribution would show where recent supply stands relative to breakeven: clusters above current price would be underwater, and those below it profitable. Unlike the long-term version, a short-term band could shrink as coins age out of the cohort even when they remain completely unmoved.
The available price lines do not reveal actual short-term supply clusters or support a historical density comparison. Bounds fixed at $0.01 and about $126,223 are not the cheapest and most expensive purchases by recent holders; wallet reshuffling can also make old holdings appear recent and reset their apparent cost.
- Frequency
- Daily (UTC 00:00)
- Asset
- BTC
- Category
- On-chain Indicators
- Type
- Breakdown
- Unit
- USD
- Data since
- 2009-01-03
- Latest data
- 2026-10-27
FAQ
Why can a short-term cost band fade without any spending?
Coins can age beyond the short-term reference horizon and leave the cohort while keeping their cost basis. A fade in a populated chart would therefore need to be checked against long-term supply and spent volume.
Is the price line the short-term holder breakeven price?
No. Price is a market-price reference. A cohort breakeven average requires short-term holder cost and supply data, which the listed price and fixed-bound series do not provide.
How is a short-term heatmap different from an all-supply cost heatmap?
It is intended to isolate recently moved supply, excluding older holdings from its density bands. The all-supply version retains both recent coins and older, often much lower-cost coins.
