bitcoin moved after sitting between three and five years
Coins that lived through a halving and a bear market before moving. Every spike in this band is a decision somebody thought about for years.
DefinitionValue of outputs spent whose age fell between three and five years. Age is real elapsed time off a monotonised block clock (the running maximum of block timestamps), not blocks divided by 144. The twelve bands sum to total spent output volume exactly.
LimitAge is per output, not per owner: consolidating coins or receiving change resets the clock on bitcoin nobody sold.