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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)

UTXOs in Loss

UTXOs in Loss represents the absolute amount of UTXOs in a given network which are currently in loss.

PreviousUTXOs in ProfitNextOn-Chain Concepts

Last updated 4 months ago

Indicator Overview

UTXOs in Loss, as the name suggests, represents the absolute number of UTXOs in a given network which are currently in loss (i.e. the price at the time they were created 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 , UTXOs in Loss does not account for the amount of loss - only the binary case of whether or not the UTXO is in loss.

How is it measured?

UTXOs in Loss is calculated by determining which UTXOs were created when the price was higher than the current price (i.e. the price has decreased since the UTXOs were created). It represents the total absolute number of those UTXOs.

UTXOs in Loss=number of all UTXOs where pricecreated> price\textrm{UTXOs in Loss} = {\color{gray}{\textrm{number of all UTXOs where price$_\textrm{created}>$ price}}}UTXOs in Loss=number of all UTXOs where pricecreated​> price

About

Introduced By

Date Introduced

November 2019

Further Resources

Rafael Schultze-Kraft -

đź“–
View UTXOs in Loss in Glassnode Studio
View UTXOs in Loss in Glassnode API Docs
Glassnode
Dissecting Bitcoin's Unrealised On-Chain Profit/Loss
Unrealized Loss
Bitcoin: UTXOs in Loss