{"path":"/indicators/cost_basis_distribution_heatmap","tier":1,"parameters":{"a":["UNI"],"c":["native"],"f":["csv","json"],"i":["24h"],"period":["1w","1month","3month","6month","1y","2y","3y","5y","7y","10y","full"]},"queried":{"a":"UNI","path":"/v1/metrics/indicators/cost_basis_distribution_heatmap"},"refs":{"docs":"https://docs.glassnode.com/basic-api/endpoints/indicators#get-v1-metrics-indicators-cost_basis_distribution_heatmap","studio":"https://studio.glassnode.com/charts/indicators.CostBasisDistributionHeatmap","metric_variant":{"pit":"/indicators/cost_basis_distribution_heatmap_pit"}},"bulk_supported":false,"timerange":{"min":1600300800,"max":1784678400},"modified":1784765370,"descriptors":{"name":"Cost Basis Distribution Heatmap","short_name":"Cost Basis Distribution Heatmap","group":"Supply","tags":["on-chain","supply","cohorts"],"description":{"default":"**Definition.** The Cost Basis Distribution (CBD) Heatmap is a price-versus-time visualization of supply density across cost-basis levels over a specified period (e.g. 1 month, 1 year). The y-axis represents the cost basis on a log scale, set from 1% below the minimum price to 1% above the maximum price within the chosen period, and each pixel's color intensity reflects the concentration of supply at that price level.\n\n**Technical.** All CBD metrics use an address-based approach, analyzing holdings based on individual wallet addresses for consistency across digital assets and comparability across blockchain architectures. This contrasts with the UTXO-based approach used in metrics like URPD, which categorizes supply based on unspent transaction outputs and is typically used for chains like Bitcoin, so metrics for UTXO-based assets may show slight differences across these distinct computational methods.\n\n**Interpretation.** Dense bands identify price levels where significant portions of supply were acquired, informing where historical accumulation may act as support or resistance.\n"},"data_sharing_group":"onchain"}}