Wednesday 19 April 2023

Bitcoin On-Chain: Adjusted Dormancy

Dormancy is defined by destruction/volume; coin days destroyed divided by the total number of coins transacted on a given day. In other words, dormancy is the average number of days destroyed per coin transacted at any given day. This eliminates the drawback of coin days destroyed, a metric that follows volume to a certain extent. There is an option in the legend to view both the dormancy and adjusted dormancy. Adjusted dormancy subtracts transactions spent within 4 blocks of their expenditure and outputs that are cycled directly back into the originating address. The adjusted dormancy gives clearer signals. Video by Benjamin Cowen.



Instant access to online trading, anytime and anywhere.
Invest in the world's most popular and sought-after assets. Everything you are looking for in an ultimate investment platform — on the device of your choice.
-$10 Minimum Deposit.
-Free $10 000 practice account.
-Trade 7 days a week, 24 hours a day.
-$1 Minimum Investment.
Try Free Demo Trading >>