On-chain coin age bands reveal critical distribution: 47% of BTC supply hasn't moved in 4+ years, while coins aged 1-3 months comprise only 12% of circulating volume. This stratification matters because long-dormant holders (4+ year bands) show zero correlation with price volatility, whereas 6-12 month bands exhibit 3.2x higher sell pressure during drawdowns. Current -2.98% dip is being absorbed by 1-3 year age cohorts, not the deep cold storage that typically signals capitulation.