10 million Moons are owned by addresses that have been completely dormant for over a year

I looked at all addresses currently holding moons, and found that ~10M moons are held in addresses that have been dormant for over a year.

~8.9M of these were only active between 1-2 years ago, and ~1.1M moons are in addresses were only active 2+ years ago.

I define a "dormant" address as one that hasn't sent or received moons in a certain time period. Some other websites only look at transactions from an address when calculating "dormant" ones, but I think it doesn't make a lot of sense for Moons, since many users who are still receiving them each month but don't send them out of their vault should be counted as "active".

Below lists the breakdown of moon holdings by address latest activity. In this chart, I exclude the Reddit-owned addresses (since you could make the argument that these are either dormant or active) and the 0xdead address used for burning moons.

https://preview.redd.it/o7k51tpj3toa1.png?1000&format=png&auto=webp&s=174b737db8004a6d50276e3fd073d107fa2505df

These addresses are likely a mix of holders who aren't using Reddit vaults (and therefore don't receive distributions each month), or formerly active users who no longer participate on the subreddit.

The chart will be updated daily at ccmoons.com/trends if you want to see it later. Let me know if there are other stats of this kind you want to see!