Coins by Spend Depth
How many times the transparent coins have changed hands since they were mined.
▍How it is computed
The UTXO indexer assigns each output a depth: coinbase outputs are depth 0, and every spend increments the depth of the coins it creates. Value bucketed by depth each day.
▍How to read it
Coins near coinbase are freshly mined and rarely moved; deep coins have circulated. The mix shows whether the economy is hoarding freshly-issued ZEC or actively transacting it.
▍Get the data
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