Overview
Supply Turnover quantifies how frequently coins change hands.
It reflects market liquidity and activity intensity. High turnover means coins are moving quickly (active trading), while low turnover means coins are being held.

Interpretation

• 📈 High turnover = strong trading activity or distribution phase.

• 📉 Low turnover = accumulation or illiquid market conditions.

Formula (Latex)

$SupplyTurnover_{X} = \frac{ActiveSupply_{X}}{TotalSupply}$

Signal
Used to measure market liquidity and behavioural cycles.

Insights
Helps detect accumulation (low turnover) and distribution (high turnover) trends before price movements.

Available Metrics

• Short-Term Holder Active Supply Turnover

• Long-Term Holder Active Supply Turnover

• 30-Day Active Supply Turnover

• 7-Day Active Supply Turnover

• 1-Day Active Supply Turnover