Fig. 3
From: Deciphering Bitcoin Blockchain Data by Cohort Analysis

Lifespan distribution of BTC STXOs. The figure shows the log percentage of spent transaction outputs with different lifespans in each day until Feb. 2021. For example, by Feb. 2021, the STXOs with lifespans of less than one day accounted for 80% of all STXOs, while those with lifespans between 1 day and 1 month accounted for another 15%.