On-Chain Metrics
Median cost basis (50th-percentile acquisition price) of each HODL-wave age cohort over time, overlaid on JST price. Tracks cohort-level fair value, STH medians hug current price while LTH medians anchor to their cohort's acquisition era, revealing divergence and convergence across cycles.
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Addresses and on-chain cohorts do not identify individual people. Network designs and available histories differ, so a threshold observed on one asset may not transfer to another.
Median cost basis (50th-percentile acquisition price) of each HODL-wave age cohort over time, overlaid on JST price. Tracks cohort-level fair value, STH medians hug current price while LTH medians anchor to their cohort's acquisition era, revealing divergence and convergence across cycles.
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