Short-Term Holder Exchange Inflow Volume in Loss
- 1M1M
- 3M3M
- 6M6M
- 1Y1Y
- ALLALL
- LinearLinear
- LogLog
About this metric
What it measures
Short-Term Holder Exchange Inflow Volume in Loss totals the BTC sent to tracked exchange addresses by short-term holders when the transfer price is below the coins' on-chain cost reference. The cohort broadly covers holdings younger than about 155 days; the daily amount is measured in BTC.
How to read it
Growing loss-side deposits show that more recently held BTC is reaching exchanges underwater, a useful distinction from deposits made to realize gains. The series reached about 126,995 BTC on October 14, 2019, compared with a full-history median near 9,752 BTC; an isolated extreme does not establish a recurring price relationship.
The loss classification comes from an estimated on-chain cost, not an account's actual trade history. Wallet changes and cohort classification affect the result, while a deposit may serve collateral or custody needs rather than a sale; compare the profit-side series and total STH inflows for context.
- Frequency
- Daily (UTC 00:00)
- Asset
- BTC
- Category
- Transfers & Transactions
- Type
- Single value
- Unit
- BTC
- Data since
- 2011-08-17
- Latest data
- 2026-10-27
- Data points
- 5,551
FAQ
What makes a short-term holder exchange deposit count as in loss?
Its transfer price is below the on-chain cost reference assigned to the coins. The series adds the BTC amount deposited under that condition, rather than the dollar loss.
How much loss-side STH volume reached exchanges on October 17, 2026?
The supplied daily record shows about 8,319 BTC, compared with roughly 5,377 BTC on the profit side. That describes the composition of deposits on that date, not a forecast.
Does a spike confirm short-term holder capitulation?
It can identify unusually large underwater deposits, but cannot confirm that the coins were sold. Cost estimation, wallet operations and a few large transfers can all affect the reading.
