{"path":"/breakdowns/nupl_by_age","tier":3,"parameters":{"a":["USDC"],"c":["native"],"f":["csv","json"],"i":["1h","24h"]},"queried":{"a":"USDC","path":"/v1/metrics/breakdowns/nupl_by_age"},"refs":{"docs":"https://docs.glassnode.com/basic-api/endpoints/breakdowns#get-v1-metrics-breakdowns-nupl_by_age","studio":"https://studio.glassnode.com/charts/breakdowns.NuplByAge","metric_variant":{"bulk":"/breakdowns/nupl_by_age/bulk","pit":"/breakdowns/nupl_by_age_pit"}},"bulk_supported":true,"timerange":{"min":1538006400,"max":1784253600},"modified":1784261094,"descriptors":{"name":"Net Unrealized Profit/Loss (NUPL) by Age","short_name":"NUPL by Age","group":"Unrealized Profit/Loss","tags":["on-chain","valuation","profit_loss","unrealized_profit_loss","cohorts"],"description":{"default":"**Definition.** Net Unrealized Profit/Loss (NUPL) segmented by holding-period age cohort. NUPL is the difference between Relative Unrealized Profit and Relative Unrealized Loss. The by-age decomposition computes the difference per cohort, showing the aggregate PnL state across short-term and long-term holders.\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 to ensure consistent analysis across various blockchain architectures. This contrasts with the alternative UTXO-based approach for chains like Bitcoin, where unspent transaction outputs are analyzed to categorize asset properties. Metrics for UTXO-based assets may show slight deviations if compared across these different computational methods.\n\n**Interpretation.** A cohort reading above 0 places that age band in net unrealized profit, a reading below 0 places it in net unrealized loss.\n"},"data_sharing_group":"onchain"}}