Supply_In_Loss_LTH(%)
Tech spec
Field | Value |
---|---|
API name (slug) | supply_in_loss_lth_percent |
Group | supply in profit/loss |
Unit / Valuetype | percent / percent |
Shape | scalar |
Resolutions | block, h1, h4, h8, h12, d1 |
Endpoints | /v2/supply_in_profitloss |
Tier | 0 |
Last updated | 2025-08-19 18:14 UTC |
Docs | Open in Swagger |
Brief Description: The Bitcoin supply held at a value below its cost basis.
The Supply_In_Loss_LTH(%) metric refers to the portion of Bitcoin supply that is held at a value inferior to its cost basis. It represents the amount of Bitcoin whose current price is below the price at which it was acquired, indicating unrealized losses. It is a significant on-chain metrics because it helps understand sentiment and potential market behavior that could result from the market participants conditions.
Metric variants
- _lth: Supply_In_Loss_LTH(%) restricted to Long-Term Holders (age ≥ 155 days).
- _sth: Supply_In_Loss_LTH(%) restricted to Short-Term Holders (age < 155 days).
- _percent: Supply_In_Loss_LTH(%) in percent of total supply.
Interpretation Monitoring Supply_In_Loss_LTH(%) can offer valuable market insights. A rising Supply_In_Loss_LTH(%) suggests that investors are sitting on unrealized losses, which can sometimes precede selling pressure if holders begin to lose conviction. Conversely, if this metric remains relatively stable or decreases during market dips, it implies that holders are not capitulating, which can be a sign of resilience and conviction. Therefore, this metric is a useful tool for investors looking to understand the potential selling pressure from Bitcoin holders.