{"path":"/breakdowns/spent_volume_sum_by_lth_sth","tier":3,"parameters":{"a":["ETH"],"c":["native","usd"],"f":["csv","json"],"i":["10m","1h","24h"],"network":["aggregated","arb","base","eth","opt"]},"queried":{"a":"ETH","path":"/v1/metrics/breakdowns/spent_volume_sum_by_lth_sth"},"refs":{"docs":"https://docs.glassnode.com/basic-api/endpoints/breakdowns#get-v1-metrics-breakdowns-spent_volume_sum_by_lth_sth","studio":"https://studio.glassnode.com/charts/breakdowns.SpentVolumeSumByLthSth","metric_variant":{"bulk":"/breakdowns/spent_volume_sum_by_lth_sth/bulk","pit":"/breakdowns/spent_volume_sum_by_lth_sth_pit"}},"bulk_supported":true,"timerange":{"min":1438918200,"max":1782504600},"modified":1782505518,"descriptors":{"name":"Spent Volume by LTH/STH","short_name":"Spent Volume by LTH/STH","group":"Spent Volume","tags":["on-chain","volume","cohorts","long_term_holder","short_term_holder"],"description":{"default":"**Definition.** The total volume of digital assets spent, segmented into Long-Term Holder (LTH) and Short-Term Holder (STH) cohorts.\n\n**Technical.** LTH/STH supply is defined with respect to each entity's average purchasing date, with cohort weights given by a logistic function centered at 155 days and a transition width of 10 days. Breakdown metrics use an address-based approach, analyzing transactions and holdings at the individual wallet-address level to support comparability across digital assets and consistent analysis across blockchain architectures. This contrasts with the UTXO-based approach used for chains like Bitcoin, so metrics for UTXO-based assets may show slight deviations across the two computational methods.\n\n**Interpretation.** Surfaces how total sale volume splits between long-term and short-term holders. Answers questions of the form: are long-term holders selling their coins more frequently than short-term holders?\n"},"data_sharing_group":"onchain"}}