Glossary ยท On-chain
Dormant Supply
Coins that have not moved on-chain for an extended period, signalling long-term conviction.
Definition
Dormant supply is the portion of circulating coins that have not moved on-chain for an extended period (commonly 1 year, 3 year, or 5 year bands). Rising dormant supply signals accumulation and long-term holder conviction; sudden activation of dormant supply around cycle tops often precedes distribution. Spectre AI tracks dormant supply as a holder-behaviour indicator.
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