Liveliness

Measures the ratio between destroyed coin days and accumulated coin days.

Overview
Used to track whether investors are holding or spending.
Increases when holders move coins, decreases during HODL phases.

Formula

L i v e l i n e s s = C o i n D a y s D e s t r o y e d C o i n D a y s C r e a t e d Liveliness = \frac{CoinDaysDestroyed}{CoinDaysCreated}

Insights
Useful for identifying macro accumulation or distribution behaviour.

Available Metrics