{"path":"/breakdowns/spent_volume_sum_by_wallet_size","tier":3,"parameters":{"a":["XRP"],"c":["native","usd"],"f":["csv","json"],"i":["10m","1h","24h"]},"queried":{"a":"XRP","path":"/v1/metrics/breakdowns/spent_volume_sum_by_wallet_size"},"refs":{"docs":"https://docs.glassnode.com/basic-api/endpoints/breakdowns#get-v1-metrics-breakdowns-spent_volume_sum_by_wallet_size","studio":"https://studio.glassnode.com/charts/breakdowns.SpentVolumeSumByWalletSize","metric_variant":{"bulk":"/breakdowns/spent_volume_sum_by_wallet_size/bulk","pit":"/breakdowns/spent_volume_sum_by_wallet_size_pit"}},"bulk_supported":true,"timerange":{"min":1357010400,"max":1793992800},"modified":1793994850,"descriptors":{"name":"Spent Volume by Wallet Size","short_name":"Spent Volume by Wallet Size","group":"Spent Volume","tags":["on-chain","volume","cohorts"],"description":{"default":"**Definition.** The total volume of digital assets spent, segmented by holder wallet-size cohort, from whale-scale balances down to retail. [Spent Volume in Profit by Wallet Size](https://studio.glassnode.com/metrics?a=BTC\u0026m=breakdowns.SpentVolumeProfitSumByWalletSize) and [Spent Volume in Loss by Wallet Size](https://studio.glassnode.com/metrics?a=BTC\u0026m=breakdowns.SpentVolumeLossSumByWalletSize) split this volume into profit and loss.\n\n**Technical.** Breakdown metrics use an [address-based approach](https://research.glassnode.com/account-based-metrics/), 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. An address's wallet-size band is set by its balance before the spend. For BTC, ETH and ETH tokens, spends are netted per address per block, which removes change; for DOGE, TRX, XRP, TON and TON tokens, all transfers are counted. For ETH tokens, burn addresses are excluded.\n\n**Interpretation.** Surfaces how total sale volume concentrates across investor classes, from whales down to retail. Answers questions of the form: are larger wallets (whales) selling their coins more frequently than smaller wallets (retail investors)?\n"},"data_sharing_group":"onchain"}}
