Definition. Adjusted Circulating Supply is the circulating supply with an estimate of lost coins removed.

Technical. The amount of lost coins is estimated as all coins that have not moved in over seven years.

This is the Point-in-Time (PiT) variant of Adjusted Supply. PiT metrics are strictly append-only and their history is immutable. The historic data does not necessarily reflect the best current knowledge, but the information at the time when a data point was first computed. PiT metrics are ideal candidates for applications in model backtesting and related quantitative purposes. Read our article on PiT metrics for more information.