The Coin Days Destroyed (CDD) 60-day moving average is a crucial on-chain metric that offers insights into Bitcoin market dynamics by tracking the movement of long-dormant coins. CDD evaluates the reactivation of these coins, providing a window into the behavior of long-term holders who typically signal broader market trends.

Since March 3, 2025, the CDD 60-day MA has shown a gradual decline, indicating that long-term holders are not rushing to sell their Bitcoin. This lack of movement suggests confidence among these investors, often preceding periods of price stability or upward momentum. The current low and falling CDD is a positive indicator for Bitcoin's market structure, reflecting reduced selling pressure and potential for growth.