Holder Cohorts

Definition ∞ Holder cohorts are groups of digital asset addresses or users categorized by their acquisition time or holding duration of a specific cryptocurrency. Analyzing these cohorts helps identify different market participant behaviors, such as long-term investors versus short-term traders. This on-chain metric provides insights into market sentiment, potential selling pressure, or accumulation trends. It offers a way to segment the market based on holding patterns.
Context ∞ Analysis of holder cohorts is a common tool used by on-chain analysts to assess the health and potential future price movements of digital assets, frequently appearing in crypto market reports. Current discussions often examine how changes in cohort behavior, such as a shift from long-term holding to distribution, might signal market tops or bottoms. Future research will likely explore more sophisticated segmentation methods and predictive models based on these behavioral patterns to enhance market forecasting.