SLRV — Bitcoin onchain, per block

Compares how much recently bought bitcoin is moving against how much year-old bitcoin is moving. It is used as a fast regime flag: young coins dominating is a hot market.

Definition30-day sums of spent volume in the 1-day-to-1-week age band over the 6-month-to-1-year band. Realized value would give the same answer, because the spend price cancels in the ratio.

LimitProvisional. Published definitions of SLRV disagree about which age bands to use; these are the two most commonly cited, but another provider's SLRV is a different number.

Unitratio

Reconstructed or not yet settled. The shape is usable, the exact level is not.

Also filed under

Are old coins moving Are coins that sat still for years waking up and changing hands?
Reserve risk price against the conviction of long-term holders
Coin-days destroyed how much dormant time was spent
Coin-days destroyed per coin dormant time spent, scaled to the size of the supply
Dormancy the average age of the coins being spent
Dormancy flow market value against the value of dormant time spent
Liveliness the share of bitcoin's holding time that has been spent
Long-term holder spent volume bitcoin moved after sitting more than five months

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