Supply aged 3 to 6 months
bitcoin that has sat still between three and six months
The waiting room for long-term holder status: at 155 days coins here cross into the long-term holder cohort. A fat band means a large wave of coins is about to be reclassified.
DefinitionCirculating supply held in unspent outputs whose age falls between three and six months. 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 circulating supply exactly, verified to machine precision.
LimitThe 155-day line falls inside this band, so part of it is already counted as long-term holder supply and part is not. Age is per output, not per owner: consolidating coins or receiving change resets the clock on bitcoin nobody sold.