Chart
Bitcoin on-chain metric
Liveliness
Updated: 2026-06-30 02:10 UTC
Metric context
Liveliness
Definition
Definition
Liveliness compares cumulative coin-days destroyed with cumulative coin-days created.
How to read it
Reading context
Rising liveliness means spending behavior is increasing relative to holding. Falling or stable liveliness indicates stronger dormancy and holding behavior.