black almanak open on-chain metrics ● data

Bitcoin: Short-Term Holder Net Realized Profit / Loss

Bitcoin BTC

Realized profit minus realized loss of the STH cohort, in USD.

Latest daily observationProvisional day
Net realized profit / loss
-$44,858,302
Bitcoin price
$82,181.97

Observation: UTC. Dataset updated: .
Updated daily, normally at 09:30 Europe/Madrid. Latest hourly bucket starts 2026-10-22 07:00 UTC (hour start).

This day is incomplete and may change. Daily flows accumulate through the latest update; they differ from a single hourly point.

Data cross-checked. Computed by the same pipeline as the STH realized price, MVRV and SOPR, which are cross-checked daily against an independent on-chain data provider (realized price: median difference 0.47% over 1,375 days (2023-01-01 to 2026-10-15); 95% of days within 1.96%); internal identity checks (supply in profit + supply in loss = supply) pass every day. Checked 2026-10-22. Data status

Recent daily values

The last seven closed UTC days. These values remain daily when you change the chart range.

Bitcoin: Short-Term Holder Net Realized Profit / Loss — daily observations
Date (UTC)Net realized profit / lossBitcoin price
2026-10-21$385,835,908$84,023.24
2026-10-20$125,536,399$82,946.03
2026-10-19$132,995,163$81,840.01
2026-10-18$24,583,694$82,001.58
2026-10-17-$23,075,409$81,384.63
2026-10-16$106,860,137$81,501.10
2026-10-15-$61,707,855$82,131.10

Formula

Net realized profit / loss = Σ(spent young BTC × (price at spend − price at creation)).

How to read it

Positive values mean gains exceed losses among young outputs spent in the period; negative values mean losses exceed gains. Daily totals sum the full day, whereas each hourly point covers one hour.

Limitations

  • Changing between hourly and daily chart ranges changes the period being summed and therefore the scale. Transfers are included even when no market sale took place.
  • On-chain movements include transfers between an owner's own wallets. They do not establish actual purchases, sales or investor identity.
  • The latest day is provisional. Data is updated daily; hourly resolution does not mean hourly publication.

Historical examples

Selected mechanically: the lowest and highest closed-day Net realized profit / loss in the available history (2023-01-01 to 2026-10-21). These are observations, not forecasts or trading signals.

Lowest observed

2026-02-05

Net realized profit / loss: -$4,842,084,801.

Bitcoin price in the same daily row: $62,795.00. Aggregate movement value implied a net loss; internal wallet transfers are included.

Highest observed

2024-03-13

Net realized profit / loss: $8,357,470,502.

Bitcoin price in the same daily row: $73,081.58. Aggregate movement value implied a net profit; internal wallet transfers are included.

Download these closed daily observations (JSON)

Source: Computed from the chain (BigQuery public dataset crypto_bitcoin), hourly resolution. Price source: Bitstamp BTC/USD hourly candles. rows before 2025-10-06 computed with daily prices (Coin Metrics); hourly prices from then on Methodology and sources.