Revived Age Dominance
Supply share by age band - reveals which holder cohorts dominate the dormant supply pool, from short-term traders to long-term hodlers.
What is it?
Revived Age Dominance decomposes Bitcoin's circulating supply into 6 macro age bands (< 3 months / 3-6 months / 6 months-1 year / 1-2 years / 2-5 years / > 5 years), each expressed as a percentage of total supply. The stacked chart sums to 100% and visually tells 'who holds supply today?'. The wave propagating from hot bands (bottom, young) to cold bands (top, old) over time reflects capital maturation. It is a simplified heritage of classic HODL Waves (12 bands), with 6 buckets chosen for general-audience readability.
How to read
Stacked-area normalised to 100%. Read from bottom (young coins) to top (old coins). When the > 5y band widens, the market ages (deep accumulation). When the < 3m and 3-6m bands widen simultaneously, the market is bubbling (speculative activity or redistribution). Visually compare each cohort's dominance over time. No BTC price overlay because the axis is saturated in %.
Key zones
When > 1-year bands collectively exceed 70% of supply, the market is in an advanced accumulation phase (typical of terminal bear markets). When < 6-month bands collectively exceed 30%, the market is in high speculative activity (typical of mid-cycle bull markets or tops). Intermediate zones (40-65% long-term) reflect normal market conditions.
What to observe
Watch the progressive migration of bands: 6m-1y coins moving to 1-2y, then to 2-5y, mark a maturing cohort. Conversely, a sudden narrowing of the > 5y band indicates OGs distributing - historically associated with cycle ends. Cross-reference with halvings (events overlay): post-halving phases typically see progressive expansion of long bands over 1-2 years.
Historical context
Historical bear bottoms (late 2014, late 2018, late 2022) all coincided with > 1 year dominance above 70%. Bull tops (late 2013, late 2017, late 2021) coincided with an explosion of < 6 month bands. The 2024 post-halving showed an unusual signature with sustained dominance of 1-2 year bands, possibly linked to ETF absorption. The > 5y band has been in structural growth since 2017 (progressive maturation of pre-ICO capital).
Expert notes
This metric is free (HERO FREE) as it provides an ideal narrative entry point to understand Bitcoin cohort dynamics. For advanced analytical reading, compare transitions with the RHODL Ratio and MVRV: divergences can reveal structural redistribution phases invisible to classic indicators. Technical note: decomposition into 6 macro bands (< 3 months / 3-6 months / 6 months-1 year / 1-2 years / 2-5 years / > 5 years) reflects an industrial convention of moderate granularity, more readable than classic 12-band HODL Waves while preserving strategic information.
Common mistakes to avoid
Mistake #1: assuming the > 5y band represents exclusively 'OG hodlers'. A significant portion corresponds to lost coins (inaccessible keys, Satoshi addresses, etc.). Conservative estimates: 1-2M BTC in the > 10y band are durably lost. Mistake #2: concluding that a < 3m band widening means 'panic selling'. It can equally reflect new adoption (recent purchases by newcomers). Combine with Cost Value (#311) to disambiguate: panic selling = cost value > realized value (loss).
Programmatic access
REST API
curl -sS \
'https://api.trinityinsights.io/api/v1/onchain/revived-age-dominance/history?days=90' \
-H 'X-API-Key: $TRINITY_API_KEY'MCP server
{
"tool": "get_chart_value",
"metric_id": "revived-age-dominance",
"timeframe": "1y"
}Required tier: free. See the pricing grid for the tier list and the MCP documentation for multi-client configuration.
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Institutional disclaimer
Trinity Insights is an educational and analytical tool. The metric above does not constitute investment advice. Trinity Insights is not a Crypto-Asset Service Provider (CASP) registered under MiCA Regulation (EU) 2023/1114. See the full disclaimer.