Supply-Adjusted Dormancy
- 1M1M
- 3M3M
- 6M6M
- 1Y1Y
- ALLALL
- LinearLinear
- LogLog
About this metric
What it measures
Supply-Adjusted Dormancy divides Average Dormancy, itself CDD divided by transferred BTC volume, by circulating BTC supply. Its unit is days per BTC of circulating supply, producing a small normalized value rather than an ordinary holding period in days.
How to read it
A rise means the volume-weighted age of moving coins is higher relative to supply; a decline means it is lower on that basis. The reading was about 0.0000501 on May 28, 2024, compared with a full-history median near 0.000000613, illustrating the reach of exceptional old-coin movements.
Supply normalization reduces one source of long-run scale change but leaves sensitivity to large old transfers and unusually low transfer volume. Early supply was small, which magnifies early readings; neither this series nor its unadjusted counterpart confirms selling.
- Frequency
- Daily (UTC 00:00)
- Asset
- BTC
- Category
- On-chain Indicators
- Type
- Single value
- Data since
- 2009-01-03
- Latest data
- 2026-10-27
- Data points
- 6,247
FAQ
Why are Supply-Adjusted Dormancy values so small?
The number of days from Average Dormancy is divided by millions of circulating BTC. A value of 0.000001 therefore means one millionth of a day per unit of circulating BTC, not that coins were held for one millionth of a day.
How does this differ from Supply-Adjusted CDD?
Supply-Adjusted CDD divides total destroyed coin age by supply. Supply-Adjusted Dormancy first divides CDD by transferred volume, so changes in daily transfer volume also change the result.
Is Supply-Adjusted Dormancy the same as Dormancy Flow?
No. This series divides Dormancy by circulating supply. Dormancy Flow compares market capitalization with an annualized USD dormancy measure and has a different scale and interpretation.
