Coin Age

Definition ∞ Coin Age represents the duration a cryptocurrency unit has remained unspent in a particular wallet address. This metric quantifies the holding period of individual coins, providing insight into the conviction of their holders. A higher coin age indicates longer-term holding behavior, suggesting less immediate intent to sell. It serves as a fundamental on-chain metric for assessing supply dynamics and holder behavior.
Context ∞ In cryptocurrency news, Coin Age is frequently referenced to gauge market sentiment and potential selling pressure. Periods where older coins begin to move can signal profit-taking or capitulation, whereas increasing coin age across the network suggests accumulation and strong holder conviction. Its evolution helps observers anticipate potential shifts in market supply and demand.