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Coin Days Destroyed soars, hits 5-year peak: 60D MA insight
1.4.2024
After the emergence of a new feature of the cryptocurrency landscape, some economists have started to study if it is possible to measure the economic activity of Bitcoin using a statistic known as the Coin Days Destroyed (CDD). This metric allows for a more exact description concerning the volume...
Brace for BTC price volatility? Bitcoin 'coin days destroyed' metric jumps to 2-month highs
8.3.2023
A large transfer of Bitcoin associated with the U.S. law enforcement likely cased a spike in the on-chain metric
'Coin days destroyed' spike hinting at BTC price bottom? 5 things to watch in Bitcoin this week
21.2.2022
Large and smaller hodlers alike are seizing the chance to stack, figures show, as on-chain data hints that the bottom is in at $38,000
Veteran Bitcoin hodlers are still selling record low amounts of BTC despite 70% gains in 2021
28.12.2021
It's "younger" BTC bought at the Summer $30,000 lows that's moving in Q4, data shows
Bitcoin on-chain data suggests no bull market top at $60K, selling activity declining
11.4.2021
Bitcoin on-chain data reveals that speculators and long-term holders have become increasingly confident of higher prices as their selling activity has slowed down significantly