{"path":"/breakdowns/marketcap_realized_usd_by_age","tier":3,"parameters":{"a":["BONK"],"c":["usd"],"f":["csv","json"],"i":["10m","1h","24h"]},"queried":{"a":"BONK","path":"/v1/metrics/breakdowns/marketcap_realized_usd_by_age"},"refs":{"docs":"https://docs.glassnode.com/basic-api/endpoints/breakdowns#get-v1-metrics-breakdowns-marketcap_realized_usd_by_age","studio":"https://studio.glassnode.com/charts/breakdowns.MarketcapRealizedUsdByAge","metric_variant":{"bulk":"/breakdowns/marketcap_realized_usd_by_age/bulk","pit":"/breakdowns/marketcap_realized_usd_by_age_pit"}},"bulk_supported":true,"timerange":{"min":1670531400,"max":1782502200},"modified":1782505976,"descriptors":{"name":"Realized Cap by Age","short_name":"Realized Cap by Age","group":"Realized Cap","tags":["on-chain","valuation","cohorts"],"description":{"default":"**Definition.** Realized Cap by Age decomposes Realized Capitalization, the total value of a digital asset valued at the price each unit last moved (equivalent to the cumulative acquisition cost of all circulating coins), into holding-period age cohorts. Each cohort carries the cost-basis stock attributable to coins of that vintage, spanning from hot supply (coins that recently moved) to cold supply (older, dormant coins).\n\n**Technical.** Breakdowns use an address-based approach, analyzing transactions and holdings at the wallet-address level to facilitate comparability across digital assets and consistent analysis across blockchain architectures. This contrasts with the UTXO-based approach available for chains like Bitcoin, where unspent transaction outputs are analyzed to categorize asset properties. Cross-method comparisons may show small deviations.\n\n**Interpretation.** Per-cohort share of total Realized Cap is the dominant read. Surfaces the distribution of network wealth (cost basis) across hot-to-cold age cohorts. Answers questions of the form: is the majority of the acquisition cost concentrated in older or newer coins?\n"},"data_sharing_group":"onchain"}}