MSOL (Median Spent Output Lifespan) is the median age (in days) of all spent transaction outputs.

MSOL (Median Spent Output Lifespan) is the median age (in days) of all spent transaction outputs. This indicator, along with ASOL, 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.

MSOL (Median Spent Output Lifespan) is defined as the median age (in days) of all spent transaction outputs in a given time period.

$\textrm{MSOL} = \textrm{Median}\big\{ \textrm{lifespan}~{\color{gray}{\textrm{[days]}}} ~{\color{gray}{\textrm{(of all spent outputs)}}} \big\}$

â€‹Renato Shirakashiâ€‹

October 2019

Glassnode - ASOL/MSOL Announcementâ€‹