Analyst: A large number of long-term Bitcoin holders began to move funds, and the CDD indicator hit a six-year high

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PA一线12/31/2024, 12:53 PM

PANews reported on December 31 that CryptoQuant analyst Maartunn released data showing that the 60-day moving average of Bitcoin Coin Days Destroyed (CDD) reached 24.8 million, a six-year high.

The CDD indicator measures the behavioral changes of long-term holders by calculating "dormant days × transfer amount". Current data shows that a large amount of long-dormant bitcoins are being moved.

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Author: PA一线

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