BTC: Ending-Quote Active-Weighted Value / Destruction Mean90D
Bitcoin Ending-Quote Active-Weighted Value / Destruction Mean90D was 0.00668 inverse blocks on 7 Nov 2026 (latest daily value).
The admitted ending quote times activity-weighted issued BTC, divided by the 90-day mean of daily ending quote times spent-destroyed BTC-block flow.
Why use it. Relate the market value of activity-weighted supply to the recent priced pace of coin-age destruction. How to read it. Daily only, in inverse blocks (USD over USD-blocks), so it is not a dimensionless transfer-volume ratio. This is the red line of the paired chart, and its history can begin after the first complete 90-day priced window. Missing, unpriced or nonfinal days invalidate only overlapping windows; a zero mean is undefined, and zero activity-weighted stock can give zero. Activity-weighted BTC is a model, not identified active coins or entity-adjusted supply. Values are never clipped; quotes remain revisable.
Calculation. a×b / sma(a×c, 90): a is the admitted ending quote for day D (D+1 00:00 UTC), b the activity-weighted issued BTC (actual issued BTC × cumulative spent-destroyed satoshi-blocks / cumulative created satoshi-blocks) and c the day's actual spent-destroyed BTC-block flow. The denominator is the exact mean of each of 90 adjacent final UTC days' own quote × flow. Native data come from our own validated Bitcoin Core node; the result is rounded once to 40 significant digits, half-even.