Profit and loss carried into exchanges — Modeled history + exact live tail through analytical block #{{block}}
Estimated cost-basis profit and loss realized by non-exchange inputs that enter labeled exchanges.
Large green profit bars suggest distribution by winners; large red loss bars show capitulation deposits. Net P&L makes the dominant behavior explicit.
History allocates realized chain P&L by measured exchange activity; the exact live tail uses each referenced output creation day and daily BTC close. Neither is a tax-lot calculation.