The total supply held by Long-Term Holders (coins that have not moved for 155+ days). LTH supply represents 'strong hands' — investors with conviction who are not selling.
LTH supply growing = accumulation phase (bullish, typically bear market). LTH supply declining = distribution phase (bearish, typically late bull market).
A visualization of Bitcoin's UTXO set age distribution over time. Shows what percentage of supply has been held for various time periods (< 1 day to 10+ years), creating colorful wave patterns.
The total number of Bitcoin currently in existence, approaching the fixed maximum of 21 million. Increases with each block reward. Currently approximately 19.7 million BTC.
The total supply held by Short-Term Holders (coins that have moved within the last 155 days). STH supply represents recent buyers, speculators, and active traders.
Measures the 30-day net change in supply held by long-term holders. Positive = HODLers accumulating more than distributing. Negative = HODLers net distributing.