
Spent Volume Aged 3m–6m totals the BTC value of outputs spent each day after remaining unspent for three to six months. It is a BTC-per-day flow from a band that spans the conventional 155-day divide between short-term and long-term coins.
A rising series shows more spending from positions formed on-chain several months earlier; subdued readings show less activity in that window. The recorded daily maximum for 2023 was about 141,882 BTC on May 7, while the 2024 maximum was about 76,819 BTC on August 27. These observations describe transfer intensity, not a consistent profit or price signal.
Because the 155-day boundary falls inside this band, a spike cannot be assigned wholly to short-term or long-term holders. Transfers between a holder's own wallets also qualify, and old purchases may look younger after such moves. Consider both neighbouring age bands and profitability measures before interpreting a burst as conviction weakening.
It includes both sides of the roughly 155-day boundary. The published age-band total cannot be split exactly into those cohorts without more granular age data.
No. It identifies output age and BTC amount, not the precise acquisition price of each coin. The price overlay provides context, but a cost-basis or profitability metric is needed to measure gains.
Yes. Coins that remain unspent beyond six months leave this eligible pool, so the band can quiet down even without a change in willingness to transact. Compare supply by age to understand changes in the pool.