# UTXO Bands (Age)

1. UTXO Age Bands is a set of all active supplies that were last moved within a specified age band.

2. Each colored band represents the standards stated below.

3. Because of their categorization by Age Bands, these metrics allow investors to infer market changes by investors' age span as broad as 'Long-term Investors'/'Short-term Investors' or derive meanings set by specific age cohort.

## What are the differences between these metrics?

Each colored band represents the standards that are stated below.

### 1) Finding out each age band's 'Total UTXO Amount'

UTXO Age Bands' value that fit according to the age range represents the total value of UTXOs in existence, that was last moved within the denoted time period in native value.

UTXO Age Bands

### 2)Finding out each age band's 'Realized Cap'

Realized Cap - UTXO Age Bands shows the distribution of realized cap of a specified age band. Each colored band represents the Realized Cap of UTXOs in existence, that was last moved within the denoted time period in USD value

Realized Cap - UTXO Age Bands

### 3)Finding out each age band's 'Number of UTXOs'

UTXO Count - Age Bands shows the number of UTXOs that were last moved within a specified age band. Each colored band represents the number of UTXOs in existence, that were last moved within the denoted time period.

UTXO Count - Age Bands

### 4)Finding out each which age band is responsible for the spent output

Spent Output Age Bands is a set of all spent outputs that were created within a specified age band. Each colored band represents the total value of spent outputs, that were last created within the denoted time period.

#### Steps

1. CryptoQuant collects UTXOs that was destroyed in a certain window

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2. CryptoQuant categorizes them to each band and shows the result by values or by percentage

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3. Investors interpret categorized values and conclude which age band's UTXOs were mostly responsible for any changes in the market.

Spent Output Age Bands

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