BITCOIN'S SPENT OUTPUT AGE DISTRIBUTION SIGNALS • Bitcoin's Spent Output Age Distribution (SOAD) metric has surged, indicating increased activity from older coin cohorts. • This on-chain metric combines coin dormancy (age) with transaction flow to identify when old coins are moving. • Peaks in SOAD coincide with notable events in the Bitcoin market, such as price rallies or corrections. • Analysts use SOAD to understand whether older coins are being accumulated or liquidated, influencing market sentiment. Are you buying the dip? 🟢

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