The percentage of Bitcoin supply that has not moved on-chain for at least one year. Reflects long-term holder conviction and supply removed from active circulation.
When > 65% of supply is dormant for 1+ year, it indicates strong long-term holder conviction. Declining percentages during bull markets show old supply entering circulation (distribution).
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.
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.
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.