1-year active supply (%)

What is "Active Supply 1 Year"?

Active Supply 1 Year measures the sum of unique cryptocurrency units that have moved at least once within a 1-year timeframe. This metric tracks the portion of supply that has been involved in on-chain transactions during the trailing 365-day period.

Why is "Active Supply 1 Year" important?

This metric serves as a vital indicator for traders as it distinguishes between actively circulating supply and dormant holdings. By providing this distinction, traders can identify accumulation and distribution phases more accurately than through volume analysis alone. Decreasing active supply often signals accumulation by long-term holders, while sudden increases may indicate large holders preparing to sell. This helps traders assess true market liquidity and make strategic decisions about entries and exits based on actual supply dynamics rather than just price action.

How is "Active Supply 1 Year" calculated?

Active Supply 1 Year is calculated by summing all native units that have been used as inputs in at least one transaction during the past 365 days.