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Supply Dynamics

Revived Supply

What Is Revived Supply?

The volume of previously dormant coins (held for 1+ years) that have moved on-chain. These are considered 'revived' as they break their dormancy to transact.

How to Interpret

Spikes in revived supply indicate old coins moving — potentially significant. Context matters: old coins moving near ATH may signal profit-taking; during crashes may signal capitulation.

Live Chart

Chart provided by CheckOnChain.com

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More Supply Dynamics Metrics

STH Supply

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.

Issuance Rate

The rate at which new Bitcoin is created through mining block rewards. Halves approximately every 4 years (210,000 blocks). Currently 3.125 BTC per block after the April 2024 halving.

Circulating Supply

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.

HODL Waves

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.

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