Cancelación de manos quietas

Dólares cancelados cada día por manos quietas: monedas que llevaban al menos 180 días quietas y luego se movieron por debajo de su último precio, promediados en 30 días. No es cada vendedor de un dip: solo monedas que ya habían salido de nuestra banda HODL de seis meses. El precio de bitcoin va al lado en escala logarítmica.

Quiet Hands are coins that have already graduated our six-month HODL band (unmoved ≥ 180 days). For every coin spent on a day, compare the USD price when it last moved with the price it moved at now. Where today's price is lower, that dollar gap is a realized loss. If the coin was Quiet Hands, the loss is counted here. The chart plots the trailing 30-day mean, because the raw daily series is too spiky to read.

A cycle-scale spike means coins that had sat still for half a year are being sold at a loss — patient money giving up. The easing of that spike, while price is still far off its high, is the cooling shape: the worst of that selling is fading.

For example, a 30-day mean of $80 million/day next to a falling log-price is Quiet Hands selling into weakness; the same mean falling while price is still down means those sellers are exhausting.

Read it against the log price. This is not a forecast and not advice.

Same as aggregate realized loss, then keep only spends whose age at spend time is ≥ 180 days. Why 180: thirteen 14-day difficulty epochs and half a Gregorian year both land at 182; our HODL waves already split at 180 (`age_6m_1y`). We use 180 so this line and LTH supply / HODL waves agree. Not Glassnode's 155-day midpoint. 30-day simple mean. Zeros are real days and stay in the average.

180 days is our band edge, not a fact about people. Coins cross it just by ageing. We do not cluster addresses into entities, so a holder who splits coins across wallets is counted per UTXO. Dollar amounts are not inflation-adjusted, so 2018 looks small next to 2026.

This page is empty on purpose until the from-0 replay finishes. Three tip-days already sit in the warehouse; we will not publish them as a 30-day mean. Aimed live date: 28 August 2026. If that date passes, the line still waits for the recount — it does not flip on with a stub.

Safu UTXO indexer on our own Bitcoin node. Cost basis = our daily close on the day the output was created. Spot overlay from btc_price_daily (2010→).

Computed on our own Bitcoin node — loss counted only when the spent coin is ≥ 180 days old · daily · history fills as the indexer replays from genesis