Supply Held by Addresses Last Active 6-7 Years
Supply Held by Addresses Last Active 6–7 Years measures the total amount of ICP held by addresses whose last successful transaction occurred between six and seven years ago. This metric captures the portion of supply associated with very long-dormant addresses, providing insight into ICP distribution among addresses that have been inactive for a substantial period.
How it’s calculated
Addresses are classified based on the timestamp of their most recent successful transaction. Any address last active between six and seven years ago is included, and its current ICP balance is summed to determine total supply held. Each address is counted once, regardless of transaction frequency or volume.
What this metric highlights
This metric reflects ICP held in very long-term inactive addresses:
- Increasing supply: Indicates more ICP is concentrated in addresses inactive for six to seven years.
- Stable supply: Suggests a consistent portion of ICP resides in this dormancy range.
- Decreasing supply: Could reflect reactivation or transition into deeper dormancy.
Limitations
Key considerations for interpretation:
- Does not directly measure dormant supply: Addresses may have conducted a single recent transaction but still retain the majority of their balance in dormancy; this metric sums balances of addresses last active in this window rather than total dormant supply.
- Balance does not indicate activity intensity: Large balances do not imply frequent or meaningful transactions.
- Identity and intent unknown: Addresses may belong to individuals, exchanges, custodians, DAOs, smart contracts, or automated systems.
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