Spent output volume
how much bitcoin moved
How many bitcoin changed hands in this block. It is the rawest measure of activity, and it is much larger than the amount actually paid to anyone.
DefinitionTotal value of outputs spent in the block. Unadjusted: change coming back to the sender is included.
LimitChange inflates it, often severely. Someone spending 0.01 BTC out of a 10 BTC output shows up here as 10 BTC moving. It is also numerically almost identical to the raw output value series (typical gap 2e-5), because in aggregate what is spent equals what is created.