Bitcoin SLA hits all-time high in all categories, similar trend seen in the 2015 bear market

Definition

• As longer-term investors accumulate coins, these metrics will tend to rise. Conversely, as long-term investors spend and distribute their coins, this metric will decline — with older coins becoming young again as they change hands.
• This current trend is similar to the 2015 bear market bottom, where all supply last active categories were also at an all-time high. This indicates that hodl'ing is the preferred method of choice.

This chart displays an overlay of multiple Supply Last Active variants, each shown as a percentage of Circulating Supply.

• Supply Last Active 1+ Yrs Ago 🔴: 66.90%
• Supply Last Active 2+ Yrs Ago 🟠: 49.88%
• Supply Last Active 3+ Yrs Ago 🟢: 39.06%
• Supply Last Active 5+ Yrs Ago 🔵: 28.11%

Analyst View profile →

James Van Straten

Former Lead Analyst • CryptoSlate

James fervently appreciates data, technology, and trend-spotting. As a tech and liberty maximalist, he hails Bitcoin as the 21st century's paramount invention.

@jvs_btc LinkedIn

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