Cryp2Nova

Supply Circulating Volume Circulating Volume

Bitcoin

This compares circulating supply to on-chain transfer volume.

Why it matters

It gauges how actively the existing supply is being used, a velocity measure.

How it is built

Transfer volume is plotted against circulating supply over time.

What to watch

High transfer volume relative to supply reflects active use; low volume reflects a HODL-dominated network.

Related metrics

Supply Circulating Volume Circulating Volume — Bitcoin · Cryp2Nova