aDormancy_raw
Tech spec
| Field | Value |
|---|---|
| API name (slug) | adormancy_raw |
| Group | utxo dormancy |
| Unit / Valuetype | other / other |
| Shape | scalar |
| Resolutions | block, h1, h4, h8, h12, d1 |
| Endpoints | /v2/utxo_dormancy |
| Tier | 0 |
| Last updated | 2025-11-14 21:58 UTC |
| Docs | Open in Swagger |
Brief Description: Dormancy normalized by total Bitcoin supply.
aDormancy_raw measures Dormancy relative to the total Bitcoin supply, providing insights into investor behavior and holding periods.
Interpretation aDormancy_raw serves as an indicator of Bitcoin spending behavior and holding durations. A high aDormancy_raw value suggests that long-held coins are being spent, potentially signaling shifts in market sentiment or investor confidence.
Advanced Explanation For a detailed explanation of Dormancy, refer to the Dormancy metric.
aDormancy_raw = Dormancy / Total_Supply
where
- Dormancy is the dormancy value
- Total_Supply is the total supply of bitcoin
Aggregation logic: Ratio of summed non-churn Coin Days Destroyed to summed non-churn BTC volume, divided by the latest circulating supply.