> For the complete documentation index, see [llms.txt](https://docs.blockhorizon.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.blockhorizon.io/chart-tutorials/supply/supply-last-active-1m-3m.md).

# Supply Last Active 1m-3m

## Supply Last Active 1m-3m Indicator

The Supply Last Active 1m-3m indicator measures the amount or percentage of circulating supply that has been active (moved or transacted) within the past one to three months. This metric provides insights into medium-term holder behavior, market activity, and participant engagement.

## Steps to Use the Supply Last Active 1m-3m Indicator

1\. Understand the Concept:

* Medium-Term Active Supply: Represents the portion of the circulating supply that was active between one and three months ago.
* Relevance: Reflects trends in medium-term holder behavior and market dynamics, bridging short-term and long-term activities.

2\. Interpret the Supply Last Active 1m-3m Indicator:

* High Percentage: Indicates significant medium-term activity, suggesting active market participation or redistribution.
* Low Percentage: Suggests reduced medium-term activity, often correlating with holding behavior or reduced volatility.
* Trends Over Time: Analyze changes in activity levels to understand shifts in market sentiment and engagement.

3\. Analyze Historical Patterns:

* Bull Markets: Medium-term activity often increases during uptrends as participants adjust positions to capture gains.
* Bear Markets: Lower activity levels are common as participants disengage or adopt a holding strategy.
* Market Transitions: Changes in medium-term activity can signal shifts between accumulation and distribution phases.

4\. Make Decisions:

* During High Activity Periods: Monitor for potential price movements driven by increased medium-term participation.
* During Low Activity Periods: Evaluate the market for stabilization or reduced volatility trends.
* Validate Market Dynamics: Use medium-term activity data to confirm broader market sentiment and transitions.

## Tips:

* Combine with Long-Term and Short-Term Metrics: Use alongside other activity indicators to gain a comprehensive view of holder behavior.
* Monitor Trends: Pay attention to sustained increases or decreases in activity to identify potential market cycles.
* Use Historical Comparisons: Compare current medium-term activity levels with historical data to identify patterns and anomalies.
* Account for External Factors: Consider macroeconomic conditions or significant events influencing medium-term activity.

## How to Use the Indicator Effectively

* Gauge Participant Engagement: Use high activity levels to assess the involvement of medium-term holders in the market.
* Identify Market Cycles: Monitor changes in medium-term activity to detect accumulation, distribution, or stabilization phases.
* Support Investment Strategies: Incorporate insights from this metric into medium-term portfolio adjustments and risk assessments.

## Created By: This indicator is a widely recognized tool in blockchain analytics.