Wallet Age Bands

Definition ∞ Wallet age bands categorize Bitcoin addresses based on how long their holdings have remained unmoved. These on-chain analytics divide the total Bitcoin supply into segments, such as coins held for 24 hours, one week, one month, or several years. By observing the movement of coins between these bands, analysts can infer investor behavior, distinguishing between short-term traders and long-term holders. Shifts in these bands provide insights into accumulation, distribution, and overall market sentiment.
Context ∞ Crypto news frequently references wallet age bands to provide depth to market analysis, particularly when assessing the conviction of different investor cohorts. A decrease in older coin movement, for example, often signals strong holding behavior. The ongoing discussion involves refining these metrics to better predict market cycles and understand the psychological drivers behind various holding durations.