Dormant supply / HODL proxy
Formula: BTC by the year it last moved (dormant supply / HODL proxy)
Wealth — Who owns the bitcoin?
Supply by last activity maps how Bitcoin balances and supply are distributed: Dormant supply / HODL proxy. It helps assess concentration, dormant holdings and the structure of the visible UTXO set.
Compare the distribution over time instead of reading one snapshot in isolation. Large shifts are more meaningful when they persist and agree with holder and flow data.
Address balances are not identities. Exchanges, custodians and one owner with many wallets can materially distort the apparent concentration.
GET /api/v1/public/charts/supply-by-last-active — REST API — JSON, free key, 3 requests per second (docs)get_chart {"id":"supply-by-last-active"} · describe_chart {"id":"supply-by-last-active"}Kote Charts — “Supply by last activity”, https://kotecharts.com/c/supply-by-last-active. Free for non-commercial use with attribution — never financial advice.
Kote Charts — "Supply by last activity", https://kotecharts.com/c/supply-by-last-active (free Bitcoin on-chain analytics computed from our own full node).