BTC Active1Y holders: Onchain

Use this Indicator in The Weekly timeframe
This indicator is based on "Percent of Supply Last Active 1+ Years Ago".
This is so important indicator that shows " The percent of circulating supply that has not moved in at least 1 year."
It can show the situation of the holders who have been holding their coins for more than a year. When this indicator starts to decline, it means that the price has risen so much that the holders are selling their coins. When this indicator starts to increase, it means that the number of coins held has been increasing for more than a year. This is because the price is too low for investors.
This indicator can be used to indicate accumulation and distribution areas. When the indicator enters the overlow area (red) it means that the distribution is happening
When the indicator enters the overhigh range (blue), it means that accumulation is taking place by the holders
Release Notes:
fixed for weekly timeframe

Open-source script

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