Definition. Long-Term Holder variant of Average Spent Output Lifespan, restricting the spent-output sample to outputs attributed to long-term holders.

Technical. Long- and Short-Term Holder supply is defined with respect to the address' averaged purchasing date, with weights given by a logistic function centered at an age of 155 days and a transition width of 10 days.

Notes. For more information, see Quantifying Bitcoin HODLer Supply.