Bitcoin Coin Days Destroyed Surge Signals Long-Term Holder Activity Amid Institutional Demand
Main Idea
Bitcoin's Coin Days Destroyed (CDD) metric has surged, indicating increased activity by long-term holders, which may signal a persistent bullish trend.
Key Points
1. Bitcoin's price range between $106,000 and $118,000 has triggered a Coin Days Destroyed (CDD) ratio of 0.25.
2. The CDD surge is nearing levels last seen during the 2014 peak and the 2019 market correction, suggesting long-term holders are moving their assets.
3. The metric reflects strategic market activity and may indicate the current bullish trend will continue in the near term.
4. Coin Days Destroyed quantifies economic activity, with one coin held for one day equating to one coin day.
Description
Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! Bitcoin’s price range
Latest News
- US Senator Lummis Suggests Bitcoin Innovation Could Benefit from Emerging Crypto Legislation2025-07-25 14:19:37
- Trump May Consider Stimulus Checks That Could Renew Retail Interest in Bitcoin and Crypto Markets2025-07-25 14:14:53
- Solana’s Firedancer Validator Client May Unlock Greater Speed on Alternative Networks Amid On-Chain Limits2025-07-25 14:13:53
- Shiba Inu Faces Potential Further Decline Amid Technical Rejection and Low Whale Activity2025-07-25 14:11:43
- Bitcoin Faces Increased Selling Pressure as Galaxy Digital Moves $3.7B to Exchanges, Analysts Suggest Possible Market Impact2025-07-25 13:51:32