
Spent Output Price Distribution (ATH-Partitioned) sums each day's spent BTC by the price at which its outputs were previously created. It uses 100 equal cost-price bands from zero to the snapshot's historical peak, with each bar measured in BTC rather than output count.
Large bars below the snapshot's current price represent spent coins with lower prior costs; those above it represent higher-cost spending. On October 17, 2026, about 619,041 BTC, or 92.9% of the day's mapped volume, sat in the roughly $80,783–$82,045 band, which straddled the snapshot price.
A straddling band cannot be assigned entirely to profit or loss. Fast recycling and self-transfers can concentrate volume around spot without market sales; new peaks widen every band, so compare price boundaries across dates rather than assuming a bar keeps the same dollar range.
SOPD maps the prior costs of coins spent on a selected day. URPD maps coins still held as unspent outputs, so a prominent SOPD bar is realized flow rather than remaining inventory at that cost.
The snapshot's peak price is divided into 100 equal intervals. On October 17, 2026, the supplied peak implied bands about $1,262 wide; a new peak changes their dollar width.
The bar gives BTC volume grouped by prior cost, not the USD gain or loss amount. Exact P/L needs the cost and spending price of each output; a band crossing spot contains an unresolved mix.