CryptoQuant User Guide
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  • Top 15 Preset Charts ⭐
    • Miner Selling
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    • Market Trend
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  • Intro to On-Chain
    • What is on-chain data?
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  • Background Knowledge
    • Why Entity Matters
    • What is UTxO?
  • Exchange Flows/Indicators
    • Glossary (Exchange Flows)
    • Exchange In/Outflow and Netflow
    • Exchange Reserve
    • Exchange to Exchange
    • Exchange Addresses Count
    • Exchange Transactions Count
    • Fund Flow Ratio
    • Exchange Supply Ratio
    • Exchange Inflow CDD
    • Exchange Inflow - Spent Output Age Bands
    • Exchange Inflow - Spent Output Value Bands
  • Miner Flows/Indicators
    • Glossary (Miner)
    • Miner Outflow
    • Miner to Exchange
    • Miner Supply Ratio
    • Miners' Position Index (MPI)
  • UTXO Data/Indicators
    • Glossary (UTxO)
    • Profit and Loss (UTxO)
    • Profit and Loss (Supply)
    • Coin Days Destroyed (CDD)
    • Binary CDD
    • Mean Coin Age (MCA)
    • Sum Coin Age (SCA)
    • Sum Coin Age Distribution (SCA Distribution)
    • Spent Output Profit Ratio (SOPR)
      • aSOPR (Adjusted SOPR)
      • STH-SOPR
      • LTH-SOPR
      • SOPR Ratio (LTH-SOPR/STH-SOPR)
    • Net Unrealized Profit/Loss (NUPL)
    • UTXO Bands (Age)
      • UTXO Age Bands
      • Realized Cap - UTXO Age Bands
      • Realized Price - UTXO Age Bands
      • UTXO Count - Age Bands
      • Spent Output Age Bands
    • UTXO Bands (Value)
      • UTXO Value Bands
      • Realized Cap - UTXO Value Bands USD
      • UTXO Count - Value Bands
      • Spent Output Value Bands
  • Market Data/Indicators
    • Glossary (Market)
    • Open Interest
    • Funding Rates
    • Estimated Leverage Ratio
    • Taker Buy Sell Volume/Ratio
    • Capitalization models
    • Realized Price
    • Exchange Whale Ratio
    • MVRV (Market Value to Realized Value) Ratio
  • Network Indicators
    • NVT Ratio
    • NVT Golden Cross
    • Puell Multiple
    • Stock to Flow Ratio
    • Stock to Flow Reversion
    • NVM Ratio
  • Stablecoin Exchange Flows/Indicators
    • Glossary (Stablecoin)
    • Stablecoin Network Data
    • Stablecoin Exchange In/Outflow & Netflow
    • Stablecoin Exchange Reserve
    • Stablecoin Exchange Addresses Count
    • Stablecoin Exchange Transactions Count
    • Stablecoins Ratio
    • Stablecoin Supply Ratio (SSR)
  • Fund data & Premium
    • Grayscale Bitcoin Trust (GBTC)
      • GBTC Digital Asset Holdings
      • GBTC Premium or Discount
  • Grayscale Ethereum Trust (ETHE)
    • ETHE Digital Asset Holdings
    • ETHE Premium or Discount
  • Coinbase Premium
  • Korea Premium Index
  • Bank Supply Ratio
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  • Definition
  • Interpretation
  • By value itself
  • By examining trend
  • Link to Our Data

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  1. UTXO Data/Indicators
  2. UTXO Bands (Age)

UTXO Count - Age Bands

UTXO Count - Age Bands shows the number of UTXOs that were last moved within a specified age band.

Definition

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=∑u∈utxosI(ai≤lifespanu<bi)\text{UTXO Count - Age Bands} = {\sum_{u \in utxos} \mathbb{I}(a_i \leq \text{lifespan}_u < b_i) }UTXO Count - Age Bands=u∈utxos∑​I(ai​≤lifespanu​<bi​)
\text{UTXO Count - Age Bands (%)} =\frac{\sum_{u \in utxos} \mathbb{I}(a_i \leq \text{lifespan}_u < b_i) }{\sum_{u \in utxos}1}*100
[ai,bi)∈[[0,1d),[1d,1w),[1w,1m),[1m,3m),[3m,6m),[6m,12m),[12m,18m),[18m,24m)[2y,3y),[3y,5y),[5y,7y),[7y,10y),[10y,inf⁡)[a_i, bi) \in [[0, 1d), [1d, 1w), [1w, 1m), [1m, 3m), [3m, 6m), [6m, 12m), [12m, 18m), [18m, 24m)\\ [2y, 3y), [3y, 5y), [5y, 7y), [7y, 10y), [10y, \inf)[ai​,bi)∈[[0,1d),[1d,1w),[1w,1m),[1m,3m),[3m,6m),[6m,12m),[12m,18m),[18m,24m)[2y,3y),[3y,5y),[5y,7y),[7y,10y),[10y,inf)

Metric

Definition

UTXO Count - Age Bands

Each colored band represents the number of UTXOs in existence, that was last moved within the denoted time period

UTXO Count - Age Bands (%)

Each colored band represents the percent of the ratio of UTXOs in existence that were last moved within the denoted time period.

Interpretation

This indicator can be used to estimate the number of long-term and short-term holders that exist in each age band. UTXO Count- Age Bands could be interpreted as a 'proxy' to the actual holders that fit accordingly to the Age Band.

By value itself

  • High value(Native Value) & Dominance(%) in certain UTXO Age Band - High Number of investors that fit the Age Band

For example, if the UTXO Age Band of 3 years to 5 years have the greatest UTXO Count - Age Bands,

1) It is possible to interpret it as investors that held 3 to 5 years take a large portion of the market in terms of the number of participants.

2) The price range bought at the time could indicate an important price level in the market.

  • Low value(Native Value) & Dominance(%) in certain UTXO Age Band -Low Number of investors that fit the Age Band

For example, if the UTXO Age Band of 3 years to 5 years has the least UTXO Count - Age Bands,

1) It is possible to interpret it as investors that held 3 to 5 years take a small portion of the market in terms of the number of participants.

2) The price range bought at the time could indicate an important price level but could fall behind compared to other UTXO Age bands.

By examining trend

  • Longer UTXO Aged Bands Gaining Dominance or Larger in Depth - More UTXOs & holders are holding for the Long term = More HOLDing Participants

As comparatively newer coins are being held or so to speak HODLed without any movement in the network, it moves on to the next UTXO Age Bands implying that more coins are being held in the long term and more investors are HODLing.

  • Younger UTXO Aged Bands Gaining Dominance or Larger in Depth - Old Coins Being Renewed to Younger Coins = Old Coins Being Circulated

As older coins are being transferred in the network, they are destroyed and become new UTXO making the younger UTXO Age Bands increase in value which results in young UTXO Age Bands growing in size.

Link to Our Data

PreviousRealized Price - UTXO Age BandsNextSpent Output Age Bands

Last updated 3 years ago

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UTXO Count - Age Bands
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UTXO Count - Age Bands(%)
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