> For the complete documentation index, see [llms.txt](https://docs.glassnode.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.glassnode.com/further-information/metric-guides/profit-loss-supply/supply-in-loss.md).
# Supply in Loss
## Indicator Overview
Supply in Loss, as the name suggests, represents the absolute amount of coins in a given network which are currently in loss (i.e. the price at the time they were last moved is higher than the current price).
This metric is helpful in highlighting market bottoms by suggesting when investors might be ready to re-enter the market.
It is important to note that unlike [Unrealized Loss](/further-information/metric-guides/unrealized-profit-loss/unrealized-loss.md), Supply in Loss does not account for the *amount* of loss - only the binary case of whether or not the coin is in loss.
* [View Supply in Loss in Glassnode Studio](https://studio.glassnode.com/metrics?a=BTC\&m=supply.LossSum)
* [View Supply in Loss in Glassnode API Docs](https://docs.glassnode.com/basic-api/endpoints/supply#supply-in-loss)
## How is it measured?
Supply in Loss is calculated by determining which coins were last moved when the price was higher than the current price (i.e. the price has decreased since the coins were last moved). It represents the total absolute number of those coins.
$$
\textrm{Supply in Loss} = \textrm{value}\~{\color{gray}{\textrm{(of all UTXOs where price$\_\textrm{created}>$ price)}}}
$$
## About
### Introduced By
[Glassnode](https://twitter.com/glassnode/)
### Date Introduced
November 2019
## Further Resources
Rafael Schultze-Kraft - [Dissecting Bitcoin's Unrealised On-Chain Profit/Loss](https://medium.com/glassnode-insights/dissecting-bitcoins-unrealised-on-chain-profit-loss-73e735020c8d)
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