Definition ∞ A Cohort Accumulation Score is an analytical metric that quantifies the buying activity of specific groups of market participants over time. It aggregates data from on-chain transactions to identify trends in asset acquisition by distinct investor cohorts. This score helps to gauge the collective sentiment and conviction of particular holder groups. It offers insights into potential market movements.
Context ∞ This metric is frequently referenced in on-chain analysis to discern the behavior of different investor segments. Analysts use it to identify periods of strong buying by long-term holders or institutional entities. Monitoring the Cohort Accumulation Score can provide valuable signals for anticipating shifts in market supply and demand dynamics.