The cost basis of UTXO’s held within specific age bands. Whale Shadows (aka Revived Supply) Onchain tracking of old coins moving again in large amounts. Coin Days Destroyed Number of coins multiplied by days since those coins last moved on-chain. Supply Adjusted Coin Days Destroyed Number of...
“Now UTXOs over 6 months old take 62% of the realized cap. In the 2020 March great sell-off, this indicator reached 62% as well.” Bitcoin realized cap UTXO bands vs. BTC/USD chart. Source: Ki Young Ju/ Twitter CryptoQuant previously reported on UTXO data as it relates to ...
Bitcoin uses a curious accounting structure called aUTXO — an Unspent Transaction Output. All UTXOs are timestamped by the transaction/block in which they were created. Since all bitcoin in existence is contained in some UTXO, this means that all bitcoins have anage:notthe age/time when...
Bitcoin Realized Price UTXO Age BandsThe Golden Ratio MultiplierIndicator OverviewThe Golden Ratio Multiplier explores Bitcoin's adoption curve and market cycles to understand how price may behave on medium to long term time frames. To do this it uses multiples of the 350 day moving average (350...