Login/ Sign up

ETH Gas

Gwei

Fear

7x24hNews

CryptoQuant analyst: Bitcoin CDD indicator hits six-year high, a large number of long-term holders begin moving funds

2024.12.31 - 12:38

Share

TechFlow reports that on December 31, CryptoQuant analyst Maartunn released data showing the 60-day moving average of Bitcoin's Coin Days Destroyed (CDD) reached 24.8 million, hitting a six-year high. The CDD metric calculates "dormant days × transferred amount" to measure behavioral changes among long-term holders, and the current figure indicates that a significant amount of long-dormant bitcoins are being moved.

Add to Favorites

Share to Social Media

7x24h News

11/15, 10:48

AguilaTrades adds 1,000 BTC to its position, holding a 2,000 BTC long position.

11/15, 10:08

South Korea's Financial Supervisory Service plans to restrict the issuance of standard credit loans to active-duty soldiers this year.

11/15, 10:01

German Bundestag passes bill to expand customs authorities' power to seize crypto assets.

11/15, 09:22

Tencent AI Assistant WorkBuddy Integrates Gemini 4 Carbon

11/15, 09:06

BTC breaks through $66,000, down 1.65% over the past 24 hours

11/15, 07:55

AguilaTrades profited approximately $2.16 million from two BTC short positions and currently holds a long position.

11/15, 07:37

SOL fell below $70, with a 24-hour decline of 7.12%

11/15, 07:27

BIT: Crypto Market Trading Volume Surges Nearly Fourfold, Insufficient Buying Pressure Exacerbates Liquidity Stress

Download TechFlow App