Definition ∞ Coin maturation describes the duration a cryptocurrency unit remains unspent within a holder’s wallet following its acquisition or mining. This term indicates a commitment to long-term holding, differentiating active trading assets from those held for extended periods. It reflects a period of asset dormancy, signaling reduced immediate selling pressure.
Context ∞ Analyzing coin maturation is a key on-chain metric for assessing long-term investor conviction and the available liquid supply of a digital asset. An increase in matured coins typically indicates a strengthening holder base, which can precede periods of price stability or appreciation. Market observers utilize this trend to gain insight into supply-side dynamics and future market movements.