đ Bitcoin Long-Term Holder Indicator: Calm Before the Storm?
The Coin Days Destroyed (CDD) metric â which tracks movements of long-dormant BTC â shows ancient coin activity is 2x below its annual average.
Translation? Long-term holders arenât selling⊠yet.
đš Historical spikes in CDD (green circles on charts) have marked cycle tops â notably around $70K and $100K in this cycle. But right now? Itâs quiet. Too quiet. đ”ïž
Even Roger Verâs coin movements barely nudged the market â just some short-lived FOMO.
This calmness from OG wallets = strong HODL conviction and potentially more upside before distribution kicks in.