RealizedProfit
Tech spec
| Field | Value |
|---|---|
| API name (slug) | realized_profit |
| Group | realizedprofit |
| Unit / Valuetype | usd / other |
| Shape | scalar |
| Resolutions | block, h1, h4, h8, h12, d1 |
| Endpoints | /v2/realizedprofit |
| Tier | 0 |
| Last updated | 2025-08-19 19:47 UTC |
| Docs | Open in Swagger |
Brief Description: The total USD value of Bitcoin transactions conducted at a financial profit.
RealizedProfit measures the combined value in US dollars of all Bitcoin sold that was in a profitable position on a specific day.
Metric variants
- _lth: RealizedProfit restricted to Long-Term Holders (age ≥ 155 days).
- _sth: RealizedProfit restricted to Short-Term Holders (age < 155 days).
- _excl_churn: all spent outputs but excluding 'churn', that is transaction with a lifespan less than 1h.
Interpretation Interpreting RealizedProfit can yield valuable insights into market dynamics. A high value suggests that investors are cashing out profits, which might indicate their belief that the market is peaking or that they have achieved their investment goals. Conversely, low values could imply that investors are retaining their holdings, potentially signaling their confidence in future price appreciation or a perceived undervaluation of Bitcoin.
Advanced Explanation
RealizedProfit is a summation of the profits realized by investors when they transact their Bitcoin. Each investor's profit is calculated by comparing the purchase value of Bitcoin at the time it was acquired with the selling price on the day of the transaction. The difference, if negative, signifies a loss, which is then denoted in USD. When aggregated, this gives an overall view of the economic value lost by investors.
RealizedProfit = Sum( Purchase Price - Selling Price ), only considering profitable utxos.