Indicator Overview

The indicator is Active Supply 30-Day Delta. It calculates the net change in the Active Supply (the circulating supply adjusted for liveliness) over the past 30 days. This is the momentum of the active supply, showing whether coins are collectively becoming more or less active on a monthly basis. Positive values mean a net increase in actively traded supply, while negative values mean a net decrease in activity, with coins becoming dormant.

How To Use

The 30-Day Delta smooths out day-to-day noise to highlight the mid-term trend in market engagement.

Sharp positive spikes (Above zero) signal that significant coin volume is becoming active over the month, often due to aggressive selling/distribution at market tops or intense buying/re-accumulation following a rapid rally. Conversely, sustained periods of negative values (Below zero) indicate that coins are becoming dormant and leaving the active supply for long-term holding. These prolonged periods of dormancy are characteristic of deep bear market accumulation phases or tight consolidations, suggesting a low-risk window for accumulation. The transition from a sustained negative delta to a strong positive reading is a historical signal that selling pressure has been exhausted and fresh capital is entering the market, often confirming the beginning of a powerful uptrend.