Spent Volume Share by Creation Date Bands
- 1M1M
- 3M3M
- 6M6M
- 1Y1Y
- ALLALL
About this metric
What it measures
Spent Volume Share by Creation Date Bands divides the BTC spent from each output creation year by total BTC spent that day. The year-labeled bands are percentages of gross transfer volume, giving large outputs more weight than a count-based distribution.
How to read it
An increasing older-year share shifts the flow mix toward earlier output vintages; a high current-year share indicates that recent outputs dominate gross volume. The 2026 series rose from about 63.7% on January 1, 2026, to about 96.3% on October 17, 2026.
Share changes reflect the denominator as well as the selected vintage's own flow. Repeated transfers and internal wallet activity remain included, and year boundaries reshape which label is current; compare this chart with absolute BTC volume rather than treating a rising share as evidence of rising selling.
- Frequency
- Daily (UTC 00:00)
- Asset
- BTC
- Category
- On-chain Indicators
- Type
- Breakdown
- Data since
- 2009-01-12
- Latest data
- 2026-10-27
FAQ
Is volume share the share of total supply that was spent?
No. It is a share of that day's gross spent volume. The denominator can include repeated movement of the same BTC and does not equal circulating supply.
What does a higher volume share than output count share indicate?
For the same date and year group, it indicates larger-than-average spent outputs in that group. Many tiny outputs can dominate count share while contributing little BTC volume.
Why can an older vintage gain share on a quiet day?
The total BTC spent may have fallen faster than that vintage's volume. A growing relative contribution does not establish an increase in its absolute flow.
