Dormancy is defined by destruction/volume; coin days destroyed divided by the total number of coins transacted on a given day. In other words, dormancy is the average number of days destroyed per coin transacted at any given day. This eliminates the drawback of coin days destroyed, a metric that follows volume to a certain extent. There is an option in the legend to view both the dormancy and adjusted dormancy. Adjusted dormancy subtracts transactions spent within 4 blocks of their expenditure and outputs that are cycled directly back into the originating address. The adjusted dormancy gives clearer signals.
Into The Cryptoverse Premium SALE:
Into The Cryptoverse Newsletter:
Data provided by:
Disclaimer: The information presented within this video is NOT financial advice.