> 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-3m-6m.md).

# Supply Last Active 3m-6m

## Supply Last Active 3m-6m Indicator 

The Supply Last Active 3m-6m indicator measures the amount or percentage of acirculating supply that has been inactive (not moved or transacted) for between three and six months. This metric provides insights into mid-term holder behavior, market confidence, and supply dynamics.

## Steps to Use the Supply Last Active 3m-6m Indicator 

1\. Understand the Concept: 

• Mid-Term Inactive Supply: Represents the portion of the circulating supply that has not been active for three to six months. 

• Relevance: Reflects trends in mid-term holding behavior, offering insights into market confidence and the potential for upcoming activity. 

2\. Interpret the Supply Last Active 3m-6m Indicator: 

• High Percentage: Indicates strong mid-term holding behavior, suggesting participants are retaining assets rather than trading. 

• Low Percentage: Suggests increased activity in this timeframe, often correlating with higher market engagement or redistribution. 

• Trends Over Time: Analyze changes to understand the balance between mid-term holding and active market participation. 

3\. Analyze Historical Patterns: 

• Bull Markets: Mid-term holders may reduce their holdings, leading to a decrease in the 3m-6m supply as profits are realized. 

• Bear Markets: This metric often increases as holders wait for improved market conditions before transacting. 

• Market Cycles: Shifts in this metric can align with key phases of accumulation, distribution, or market consolidation. 

4\. Make Decisions: 

• During High Percentages: Evaluate the potential for reduced selling pressure and a stable market environment. 

• During Low Percentages: Monitor for signs of heightened market activity or redistribution by mid-term holders. 

• Validate Market Trends: Use this metric in combination with other indicators to confirm market sentiment and activity levels.

## Tips: 

• Combine with Other Holder Metrics: Pair this indicator with metrics like short-term and long-term holder supply for a holistic analysis. 

• Monitor Historical Patterns: Pay attention to increases or decreases during similar market phases to identify trends. 

• Use Historical Comparisons: Compare current levels with past data to assess market confidence and potential turning points. 

• Contextualize with Market Events: Consider external factors such as economic trends or major announcements influencing activity.

## How to Use the Indicator Effectively

* Gauge Mid-Term Confidence: Use high levels of 3m-6m inactivity to evaluate mid-term holder behavior and market sentiment.
* Identify Market Phases: Monitor changes in this metric to detect accumulation, distribution, or stabilization phases.
* Support Investment Strategies: Incorporate insights from this indicator into mid-term portfolio management and risk assessments.

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