Supply 1y-2y

BTC in UTXOs 1y-2y old

Property	Value
Category	Supply Analysis
Unit	BTC
Resolution	1d
Assets	BTC
Tier	Basic
API Endpoint	GET /v1/cohort/metrics/1y_2y
Field	supply_1y_2y

Overview

Supply 1y-2y tracks Bitcoin in UTXOs aged 1 to 2 years. These are firmly in long-term holder territory and represent conviction through at least one major market cycle phase.

Formula

$\text{Supply}_{1y-2y} = \sum_{365 \leq \text{age} \lt 730\text{ days}} \text{UTXO amount}$

Interpretation

• Rising: Strong hands accumulated 1-2 years ago and are holding through volatility.
• Falling: Distribution from this cohort — often seen during late bull markets when older coins begin to take profits.

Use Cases

• Detect late-cycle distribution by long-term holders
• Track accumulation vintage strength
• Compare across cycles to identify pattern similarities

API Usage

curl -H "Authorization: Bearer YOUR_API_KEY" \
  "https://api.blocklens.co/v1/cohort/metrics/1y_2y?start_date=2024-01-01&end_date=2024-12-31&limit=365"

Related Metrics

• Supply 6m-12m — BTC in UTXOs 6m-12m old
• Supply 2y-3y — BTC in UTXOs 2y-3y old
• Realized Price 1y-2y — Cost basis of UTXOs 1y-2y