> 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/realized-profit-loss/realized-loss.md).

# Realized Loss

## Indicator Overview

Realized Loss denotes the total loss (USD value) of all moved coins whose price at their last movement was higher than the price at the current movement.

<figure><img src="/files/4bazY476LnWU6IndozWD" alt="Bitcoin: Realized Loss"><figcaption></figcaption></figure>

* [View Realized Loss in Glassnode Studio](https://studio.glassnode.com/metrics?a=BTC\&m=indicators.RealizedLoss)
* [View Realized Loss in Glassnode API Docs](https://docs.glassnode.com/basic-api/endpoints/indicators#realized-loss)

## How is it measured?

Realized Loss is calculated by subtracting the price at the time of the current spent output creation from the price when coins were previously moved (for all spent outputs where the price when moved is lower than the price when the coins were previously moved), and summing these totals for all coins moved within the given time period.

$$
\begin{align\*} \textrm{Realized Loss} =,& \textrm{value} \cdot (\textrm{price}*\textrm{created}\~{\color{gray}{\[\textrm{USD}]}} - \textrm{price}*\textrm{spent}\~{\color{gray}{\[\textrm{USD}]}}) \ &{\color{gray}{\textrm{(of all spent outputs where price}*{\textrm{created}} >\~\textrm{price}*{\textrm{spent})}}} \end{align\*}
$$

## About

### Introduced By

[Glassnode](https://twitter.com/glassnode)

### Date Introduced

June 2020

## Further Resources

Glassnode - [Twitter Thread](https://twitter.com/glassnode/status/1271467401239035906)


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