Supply aged 6 to 12 months
bitcoin that has sat still between six months and a year
Coins that survived at least two quarters without being sold. This band swells about six months after every major accumulation phase and drains into the next rally.
DefinitionCirculating supply held in unspent outputs whose age falls between six months and a year. 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.
LimitAge is per output, not per owner: consolidating coins or receiving change resets the clock on bitcoin nobody sold.