ASOL (Average Spent Output Lifespan)

ASOL (Average Spent Output Lifespan) is the average age (in days) of all spent transaction outputs.

Indicator Overview
ASOL (Average Spent Output Lifespan) is the average age (in days) of all spent transaction outputs. This indicator, along with MSOL, highlights (on a macro level) how many days coins were held before being moved, giving insight into short-term and long-term HODLer movements.
It should be noted that, in order to account for change and eliminate obvious relay transactions, outputs with a lifespan of less than 1 hour are discarded.
​View ASOL in Glassnode Studio​
​View ASOL in Glassnode API Docs​
How is it measured?
ASOL (Average Spent Output Lifespan) is defined as the mean age (in days) of all spent transaction outputs in a given time period.
ASOL=Mean{lifespan [days] (of all spent outputs)}\textrm{ASOL} = \textrm{Mean}\big\{ \textrm{lifespan}~{\color{gray}{\textrm{[days]}}} ~{\color{gray}{\textrm{(of all spent outputs)}}} \big\}ASOL=Mean{lifespan [days] (of all spent outputs)}
About
Coined By
​Renato Shirakashi​
Date Created
October 2019
Further Resources
Glassnode - ASOL/MSOL Announcement​

SOAB (Spent Output Age Bands)

MSOL (Median Spent Output Lifespan)

Last updated 11 months ago