Glassnode Docs
WebsiteStudioInsightsTwitter
  • Welcome to Glassnode
    • Introduction
      • Studio
  • 📊Data
    • General Information
      • Timestamps and Resolutions
      • Data Availability
      • Data Finalization
    • Metric Catalog
    • Supported Blockchains
    • Supported Assets
      • Market Metrics Coverage
      • On-chain Metrics Coverage
    • Point-in-Time Metrics
  • 📖Guides & Tutorials
    • Getting Started
      • Use-Case Tutorials
        • Tutorial 1 - Navigating Market Tops and Bottoms
        • Tutorial 2 - Introduction to On-chain Activity
        • Tutorial 3 - Fundamentals of Proof-of-Work Mining
        • Tutorial 4 - Introduction to Supply Dynamics
      • Get started with Glassnode Metrics
      • Granular Cohorts for Key On-Chain Metrics
    • Metric Guides
      • Market Capitalization
      • Realized Capitalization
      • MVRV
        • LTH-MVRV
        • MVRV Ratio
        • MVRV-Z Score
        • STH-MVRV
      • SOPR
        • SOPR (Spent Output Profit Ratio)
        • aSOPR (Adjusted SOPR)
        • LTH-SOPR
        • STH-SOPR
      • Unrealized Profit/Loss
        • NUPL (Net Unrealized Profit/Loss)
        • Unrealized Profit
        • Unrealized Loss
        • LTH-NUPL
        • STH-NUPL
      • Realized Profit/Loss
        • Net Realized Profit/Loss
        • Realized Profit
        • Realized Loss
      • Coin Issuance
        • Puell Multiple
      • Stablecoin
        • SSR (Stablecoin Supply Ratio)
      • Coin Days Destroyed
        • CDD (Coin Days Destroyed)
        • Supply-Adjusted CDD
        • Binary CDD
        • CYD (Coin Years Destroyed)
        • Supply-Adjusted CYD
        • Reserve Risk
      • Liveliness
      • Dormancy
        • Average Coin Dormancy
        • Supply-Adjusted Dormancy
      • Lifespan
        • Spent Output Age Bands (SOAB)
        • Average Spent Output Lifespan (ASOL)
        • Median Spent Output Lifespan (MSOL)
      • NVT
        • NVT Ratio
        • NVT Signal
        • Velocity
      • Stock to Flow
        • Stock to Flow Ratio
        • Stock to Flow Deflection
      • Price Distribution
        • URPD (UTXO Realized Price Distribution)
        • SOPD (Spent Output Price Distribution)
      • Accumulation Trend Score
      • Long and Short-Term Holder Supply
        • Supply Held by Long and Short-Term Holders
      • Profit/Loss (Supply)
        • Percent Supply in Profit
        • Supply in Profit
        • Supply in Loss
      • Age Distribution
        • HODL Waves
        • Realized Cap HODL Waves
      • Profit/Loss (UTXO)
        • Percent UTXOs in Profit
        • UTXOs in Profit
        • UTXOs in Loss
    • On-Chain Concepts
      • Entity-Adjusted Metrics
      • On-chain Glossary
      • Understanding UTXOs - The Gold Coin Analogy
      • UTXO vs. Account-Based Chains
    • Workbench Guide
  • ⚙️API
    • Introduction
    • API Key
    • API Credits
    • Metadata
    • Bulk metrics (beta)
    • Endpoints
      • Addresses
      • Bridges
      • Blockchain
      • Breakdowns
      • DeFi
      • Derivatives
      • Distribution
      • Entities
      • ETH 2.0
      • Fees
      • Indicators
      • Institutions
      • Lightning
      • Market
      • Mempool
      • Mining
      • Point-In-Time
      • Protocols
      • Signals
      • Supply
      • Transactions
  • ℹ️Further Information
    • Changelog
      • 2025
      • 2024
      • 2023
      • 2022
      • 2021
      • 2020
    • Support FAQ
    • Affiliate FAQs
    • Exchange Data: Transparency Notice
Powered by GitBook
On this page
  • Indicator Overview
  • How is it measured?
  • About
  • Introduced By
  • Date Introduced
  • Further Resources
  1. Guides & Tutorials
  2. Metric Guides
  3. Profit/Loss (UTXO)

Percent UTXOs in Profit

Percent UTXOs in Profit highlights the percentage of all UTXOs which are currently in profit.

PreviousProfit/Loss (UTXO)NextUTXOs in Profit

Last updated 4 months ago

Indicator Overview

A is if the current price is higher than the price at the time it was created. Conversely, a UTXO is if the current price is lower than the price at the time it was created.

Percent UTXOs in Profit highlights the percentage of the total set of UTXOs which are currently in profit. In general, higher values may suggest market tops, while lower values may signal bottoms. However, and can often provide a clearer signal of tops and bottoms based on the same concept of examining average profit and loss across a network.

How is it measured?

Percent UTXOs in Profit=100⋅UTXOs in ProfitNumber of UTXOs\textrm{Percent UTXOs in Profit} = 100 \cdot \frac{\textrm{UTXOs in Profit}}{\textrm{Number of UTXOs}}Percent UTXOs in Profit=100⋅Number of UTXOsUTXOs in Profit​

About

Introduced By

Date Introduced

November 2019

Further Resources

Percent UTXOs in Profit is calculated by dividing the absolute number of by the total number of UTXOs and converting to a percentage.

Rafael Schultze-Kraft -

📖
View Percent UTXOs in Profit in Glassnode Studio
View Percent UTXOs in Profit in Glassnode API Docs
UTXOs in Profit
Glassnode
Dissecting Bitcoin's Unrealised On-Chain Profit/Loss
in profit
in loss
Percent Supply in Profit
Net Unrealized Profit/Loss (NUPL)
UTXO
Bitcoin: Percent UTXOs in Profit