On-Chain Metrics
Track cumulative realized profit taken by Long-Term Holders (LTH) across different Pudgy Penguins bull market cycles. Each colored area represents a specific cycle, showing when LTHs distributed by selling coins held for 155+ days. The LTH Realized Cap (%) line shows the proportion of total realized cap held by LTHs. Peaks often coincide with market tops.
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Addresses and on-chain cohorts do not identify individual people. Network designs and available histories differ, so a threshold observed on one asset may not transfer to another.
Track cumulative realized profit taken by Long-Term Holders (LTH) across different Pudgy Penguins bull market cycles. Each colored area represents a specific cycle, showing when LTHs distributed by selling coins held for 155+ days. The LTH Realized Cap (%) line shows the proportion of total realized cap held by LTHs. Peaks often coincide with market tops.
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