This chart presents the percentage of the Circulating Supply which has transacted within the last 6 months alongside the percentage of the Circulating Supply which has remained dormant for longer than 6 months.

• Coins which have not transacted for at least 5-6 months 🟦 are considerably less likely to be spent on any given day. This cohort of coins are often referred to as Old Coins, or Long-Term Holders (for our entity-adjusted Professional variants).

• Coins which have transacted within the last 5-6 months 🟥 are the most likely to be spent on any given day. This cohort of coins are often referred to as Young Coins, or Short-Term Holders (for our entity-adjusted Professional variants).