Long-term holders' share of cost basis
how much of the money in bitcoin belongs to patient holders
What share of all the money ever paid for bitcoin sits with holders who have not moved their coins in over five months. High means the market is owned by people who are not trading it.
DefinitionLong-term holder realized cap / total realized cap.
LimitUnlike every other series here this one is computed daily, not per block, and held flat within the day: the live cost basis by coin age needs a matrix of creation height against observation height, which is 961k x 961k per block and only 6,674 x 6,674 per day. It never looks forward.