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About PYTH Realized P/L Heatmap

Pyth Network on-chain: Maps where selling pressure originates by showing the dollar value of realized profit or loss at each original cost basis level per day. The Y-axis shows where sellers originally bought, the X-axis shows when they sold, and brightness indicates the volume of P&L realized. Reveals which cost basis cohorts are actively distributing or capitulating. Best viewed with smoothing applied (14-30 day EMA recommended).

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