Fear and Greed Index
49 -9.26%
MVRV Z Score
2.39 -0.28%
Short Term Holder Realized Price
$98,310.69 +0.01%
Bitcoin Dominance
64.3% +0.13%
Mayer Multiple
1.08 -0.92%
US vs Offshore Trading Volume
7.66%
Circulating Supply
19,881,709.375 +0.00%
Halving Countdown
29.6%
Hashrate vs Price
942.59 EH/s +19.97%
Node Map
22,022
Difficulty Estimator
79,679,234,551,296 +0.00%
Miner Revenue
$48,946,028.06 +18.18%
Network Difficulty
126.41T +0.00%
Puell Multiple
1.27 +18.01%
Exchange Trading Volume
$39.30B +53.06%
Exchange Trading Volume BTC
$11.58B +82.33%
Exchange Volume BTC Dominance
29.4% +19.10%
Monthly Exchange Volume
$828.92B
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Average Spent Output Lifespan Chat
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Average Spent Output Lifespan stats
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Terminal Stats
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Understanding the Spent Output Lifespan (ASOL) metric provides valuable insights into the age dynamics of transactions on the blockchain. ASOL, along with its counterpart Median Spent Output Lifespan (MSOL), offers a glimpse into how long Bitcoin outputs remain dormant before being spent.
ASOL measures the average age of Bitcoin outputs that have recently been spent. Imagine three transactions: one created 100 days ago, another 60 days ago, and the last one just 5 days ago. When these transactions are spent on the same day, their lifespans are 100 days, 60 days, and 5 days respectively. ASOL focuses purely on these lifespans, disregarding transaction volumes, to gauge the age of coins moving through the network.
MSOL, on the other hand, calculates the median age of spent outputs, providing a snapshot of the typical age of coins in circulation at any given time.
Analyzing ASOL and MSOL trends involves charting these metrics over time:
Chart Analysis: Applying moving averages helps in smoothing out fluctuations and identifying meaningful trends in the age distribution of spent outputs.
Market Signals: Spikes in ASOL may indicate potential resistance levels or periods of heightened selling pressure from long-term holders, influencing short-term market movements.