UO_RealizedPrice_Mean_STH
Tech spec
Field | Value |
---|---|
API name (slug) | uo_realizedprice_mean_sth |
Group | realizedprice |
Unit / Valuetype | usd / price |
Shape | scalar |
Resolutions | block, h1, h4, h8, h12, d1 |
Endpoints | /v2/realizedprice |
Tier | 0 |
Last updated | 2025-08-19 19:27 UTC |
Docs | Open in Swagger |
Brief Description: The mean realized price of all UTXOs.
The UO_RealizedPrice_Mean_STH represents the average price of all unspent transaction outputs, or UTXOs, expressed in USD. The metric is the average value, but is not the typical coin since extremely high/low value coins have significant impact
Metric variants
- _lth: UO_RealizedPrice_Mean_STH restricted to Long-Term Holders (age ≥ 155 days).
- _sth: UO_RealizedPrice_Mean_STH restricted to Short-Term Holders (age < 155 days).
Interpretation The UO_RealizedPrice_Mean_STH metric is a tool investors use to gauge the overall profit or loss state of the bitcoin market from an on-chain perspective. If the UO_RealizedPrice_Mean_STH is lower than the current market price, it suggests that most UTXOs are in a state of profit. Conversely, a higher UO_RealizedPrice_Mean_STH compared to the current market price indicates many UTXOs are in loss.
Advanced Explanation A UTXO, which stands for 'unspent transaction output,' is a discrete piece of bitcoin that can be spent. Put differently, it is an unspent coin in a wallet that was created as a result of a previous UTXO being spending. UO_RealizedPrice_Mean_STH is average value of each UTXO when it was last moved, essentially representing a form of aggregate cost basis for bitcoins currently in wallets.