Tracks the flow of capital between different cohorts of Bitcoin holders — from long-term holders to short-term holders and vice versa, based on UTXO age distribution changes.
When capital rotates from LTH to STH (old coins moving to new hands), it signals distribution at tops. Rotation from STH to LTH signals accumulation at bottoms.
The net difference between realised profit and realised loss on a given day. Shows whether more value is being realised as profit or loss across the network.
The rate of change of the MVRV ratio over time. Shows the acceleration or deceleration of unrealised profits/losses across the market.
A composite metric identifying when selling pressure has been exhausted, often signaling market bottoms. Based on supply profitability, realised loss trends, and volatility compression.
The total profit or loss actually realized by coins that moved on-chain. Calculated from the difference between the price at which coins were acquired and the price at which they were moved.