Coin Age Metrics

Definition ∞ Coin Age Metrics are on-chain analytical tools that measure the time elapsed since a cryptocurrency unit was last moved from one address to another. These metrics provide insight into the holding patterns of various market participants. They differentiate between coins held for short periods and those held for extended durations. Such data helps in assessing the conviction of long-term holders.
Context ∞ In cryptocurrency news, Coin Age Metrics are frequently cited to gauge market sentiment and identify potential supply changes, often appearing in analyses of Bitcoin’s market cycles. Metrics like “Hodl Waves” illustrate the distribution of coins by their holding period, offering signals about accumulation or distribution phases. This analysis assists in understanding investor behavior and anticipating shifts in market health signals.