SO_by_CostValue_USD_SumBTC
Tech spec
| Field | Value |
|---|---|
| API name (slug) | spent_output_by_costvalue_sumbtc |
| Group | spent output by usd costvalue |
| Unit / Valuetype | btc / other |
| Shape | binned |
| Resolutions | block, h1, h4, h8, h12, d1 |
| Endpoints | /v2/spent_output_by_usd_costvalue |
| Tier | 2 |
| Last updated | 2025-08-24 17:58 UTC |
| Docs | Open in Swagger |
Brief Description: Categorizes spent outouts (coins) based on their realized (cost) value.
SO_by_CostValue_USD_SumBTC represents a set of on-chain metrics that classify spent transaction outputs into cohorts by their USD value at the time of creation (cost basis). These metrics are useful to analyze investor holding behavior and market trends.
Metric variants The family of metrics consist of:
_Count: The number of UTXOs within each realized value bracket._CoinAge: The average UTXO age (days) all UTXOs within each realized value group._SumBTC: The aggregate value in BTC across all UTXOs within each age group._CostValue: The aggregate cost value in USD across all UTXOs within each realized value group._CostPrice: The average cost USD price across all UTXOs within each realized value group.
Interpretation Understanding the SO_by_CostValue_USD_SumBTC metric allows analysts and investors to gauge market sentiment and potential price direction.
Advanced Explanation The SO_by_CostValue_USD_SumBTC consists of several components that break down spent transaction outputs into various cohorts. Each cohort is categorized by the BTC value of the Bitcoin at the time of the spend.