Description
Definition. The total transfer volume of coins that were last active between 7y and 10y ago. Total Transfer Volume (Entity-Adjusted) is the related base variant without segmentation, and Entity-Adjusted SVAB is a related, normalized metric. Spent Volume Lifespan 7y-10y is the counterpart without entity adjustment.
Technical. This metric is entity-adjusted and discards transactions between addresses of the same entity ('in-house' transactions). Entities are clusters of addresses estimated to be controlled by the same actor, identified through advanced heuristics and Glassnode's proprietary clustering algorithms. Entity-based metrics rely on statistical and data-science methods that are refined over time. The series is therefore mutable: its established history is stable, but recent data points may revise as clustering improves. For methodology, see our article on account-based metrics. Coin age is the average coin age of the spending entity, so each entity's spent volume falls into a single band.
Notes. For more information on entity-adjustment and account-based metrics, read our articles here and here.