Mean UTXO value spent

What is "Mean UTXO value spent"?

The average number of coins in spent transaction outputs over the selected period, expressed in BTC.

What is "Mean UTXO value spent in USD"?

The average number of coins in spent transaction outputs over the selected period, expressed in US dollars.

Why are "Mean UTXO value spent" and "Mean UTXO value spent in USD" important?

The metric reflects the average size of UTXOs used as transaction inputs and helps assess the structure of fund movement on the network. Higher mean values can indicate spending of larger outputs, while lower values can indicate a predominance of smaller UTXOs.

The BTC metric reflects the distribution of spend sizes within the network, while the USD version enables comparison of the economic scale of moved funds over time, accounting for market price changes.

How are "Mean UTXO value spent" and "Mean UTXO value spent in USD" calculated?

Mean UTXO value spent is calculated as total coins in spent UTXOs divided by the number of spent UTXOs over the selected period. For the USD version, values are converted to US dollars.