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Glassnode Glassnode @glassnode · 44K subscribers
Post #251 13.6K
#Bitcoin lifespan metrics provide unique insight into the spending patterns of long term holders.

Lifespan metrics will trend higher when older coins are spent, and trend lower when they remain dormant.

The ASOL, CDD and Dormancy metrics are all back down to late 2020 levels, indicating high conviction to HODL remains.

- ASOL represents the average age of all spent UTXOs (i.e. average age per transaction)
- Dormancy represents the average age per unit of BTC moved (i.e. average age per 1 BTC)
- CDD represents the total volume of coin-days destroyed (i.e. global total of lifespan spent that day)

Read our analysis in The Week On-chain

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