Bitcoin’s dormant coins are mass-moving again: What it means for BTC
Main Idea
Bitcoin's dormant coins are being actively distributed by long-term holders, which may slow down but not stop the current rally, as institutional demand and ETF inflows continue to support the market.
Key Points
1. Bitcoin's monthly CDD/Yearly CDD ratio surged to 0.25, indicating increased distribution of dormant coins by long-term holders (LTHs).
2. Historical data shows similar CDD spikes in 2014 and 2019, which were followed by significant price corrections.
3. Long-term holder supply has declined by 240k BTC, suggesting active distribution by experienced players.
4. Institutional demand remains strong, with spot ETF inflows (excluding GBTC) led by IBIT ($57.15 billion) and FBTC ($12.33 billion).
5. While LTH distribution may slow the rally, it is unlikely to stop it, and BTC could retest its all-time high if distribution cools down.
Description
Bitcoin dormant coins are increasingly entering the market but Institutional demand remains elevated
Latest News
- Bitcoin’s miner stress eases – Will history repeat with a BTC bull run?2025-07-26 00:14:56
- Analyzing if VIRTUAL can recover from its 20% weekly drop2025-07-25 23:05:28
- Elon Musk just revealed ‘Ani,’ the AI Companion – Top AI tokens in this space are…2025-07-25 21:43:30
- $13 million in crypto liquidations after altcoin leverage hits all-time high – Details2025-07-25 21:12:54
- Can ONDO reach $2.80 despite failed breakout? – Assessing…2025-07-25 20:17:56