UnRealizedLoss_LTH_relative
Tech spec
| Field | Value |
|---|---|
| API name (slug) | unrealized_loss_lth_relative |
| Group | unrealizedloss |
| Unit / Valuetype | percent / other |
| Shape | scalar |
| Resolutions | block, h1, h4, h8, h12, d1 |
| Endpoints | /v2/unrealizedloss |
| Tier | 0 |
| Last updated | 2025-08-19 18:54 UTC |
| Docs | Open in Swagger |
Brief Description: The total unrealized losses as % of market cap.
UnRealizedLoss_LTH_relative reflects the proportion of investor capital that are currently held at loss relative to the total market capitalization. It is an on-chain metric that gives an overview of the theoretical losses held across Short Term Holders.
Metric variants
- _lth: UnRealizedLoss_LTH_relative restricted to Long-Term Holders (age ≥ 155 days).
- _sth: UnRealizedLoss_LTH_relative restricted to Short-Term Holders (age < 155 days).
Interpretation UnRealizedLoss_LTH_relative provides valuable insights into sentiment and potential investor behavior. A high UnRealizedLoss_LTH_relative might indicate a high pain context, as investors are holding high losses, potentially leading to increased selling pressure and buying opportunity or conviction in HODLing for the most resilient participants.
Advanced Explanation The metric gathers data on all UTXO and compares the current price against the price at which each UTXO was last moved, considering only those held at loss. The losses are then aggregated to measure the total unrealized loss. To convert this to a relative measure, it is expressed as a percentage of the market capitalization.
UnRealizedLoss_LTH_relative = (Total Unrealized Loss / Market Capitalization) * 100
UnRealizedLoss_LTH_relative allows us to distill a complex range of data points about losses across individual wallets into a single understandable figure that tracks to the overall market condition.