Supply 6m-12m

BTC in UTXOs 6m-12m old

Property	Value
Category	Supply Analysis
Unit	BTC
Resolution	1d
Assets	BTC
Tier	Basic
API Endpoint	GET /v1/cohort/metrics/6m_12m
Field	supply_6m_12m

Overview

Supply 6m-12m measures Bitcoin in UTXOs aged 6 months to 1 year. Coins in this band have crossed the traditional Long-Term Holder threshold and represent committed holders.

Formula

$\text{Supply}_{6m-12m} = \sum_{180 \leq \text{age} \lt 365\text{ days}} \text{UTXO amount}$

Interpretation

• Growing: A strong accumulation wave from 6-12 months ago is holding firm.
• Shrinking: Long-term holders from this vintage are beginning to distribute.

Use Cases

• Track the first wave of LTH accumulation/distribution
• Identify which price levels generated durable holding
• Assess cycle positioning by comparing to historical cohort patterns

API Usage

curl -H "Authorization: Bearer YOUR_API_KEY" \
  "https://api.blocklens.co/v1/cohort/metrics/6m_12m?start_date=2024-01-01&end_date=2024-12-31&limit=365"

Related Metrics

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