Definition. Entity-Adjusted Spent Volume Age Bands (SVAB) is a breakdown of on-chain transfer volume by the age of the coins being moved, computed only over transfers that cross an entity boundary. Each band represents the percentage of cross-entity spent volume that was previously moved within the time period denoted in the legend, with transactions between addresses of the same entity ("in-house" transactions) discarded.

Technical. 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.

Notes. For more information on entity-adjustment and account-based metrics, read our articles here and here.