Realized loss
money actually crystallised as losses
How much money holders actually lost by spending coins for less than they paid. Large sustained readings are what capitulation looks like in euro.
DefinitionThe mirror of realized profit: per block, summed over spent outputs where the spend price is below the creation price.
LimitThe 1.46M BTC mined before a market price existed (17 July 2010) carry a cost basis of zero rather than being dropped, so they flatter every profit measure built on this. Supply with no cost basis charts how much that is. In euro this is the global market's cost basis expressed in euro, not what European holders paid; before 2013 the euro price is the dollar price converted at the ECB rate.