Bitcoin’s 60-Day CDD Spikes: A Warning Sign or Buying Opportunity?
Bitcoin is still under pressure, with its price falling below $85,000. At the time of writing, Bitcoin was worth $84,397, down 2.4% in the past 24 hours and 13.7% in the past week.
These market conditions triggered Scope of analysiswith various chain indicators, providing insights into current investor behavior.
Bitcoin’s latest CDD Spike may mark a market shift
One of the key indicators Highlight Recently, a crypto analyst known as a banker was the destructed Coin Day (CDD) metric. According to bankers, the Coin Day Destroyed (CDD) metric, a measure of economic activity, due to the weighted measure of the age of transfers of coins – has seen a huge surge.
The 60-day CDD indicator for these broken coin days was summarized in two months, indicating that the coins held are now spending at a higher rate.
This trend observed from November 2024 to February 2025 shows that long-term holders are becoming more active in the market, with the possibility of Send a signal of a critical torque For Bitcoin.
Bankers explain that rising CDD values are often associated with major market events. In this case, the continued growth in long-term holder activity may suggest profitability, asset reallocation or an increase in expected market volatility.
While it is not uncommon for long-term Bitcoin holders to move coins during major price changes, the current trend is the strongest CDD signal since 2021. Historically, this model has been a turning point in the market before the turning point of the market Key Watch.
Why CDD is important
It is worth noting that coin day has disrupted the difference between metric and typical trading volumes because it provides greater weight to coins that last longer. Every day of each day accumulates “coin days” and these days are “destroyed” when the holder finally moves the coins.
The 60-day CDD can effectively track the emotions of long-term holders by revealing these experienced participants’ decisions to take action. As mentioned earlier, a Consistent increase In CDD, it is often reflected that the growing desire of long-term holders to make profits or reposition their portfolios, which may affect broader market sentiment.
Bankers point out that this rise may be more than just a signal of Bitcoin Price correction. As long-term holders move coins at a steady pace, the market may be moving towards a “healthier reset.”
This type of activity is often intervened by new entrants, which may stabilize the market and create new opportunities for capital inflows. However, these implications depend largely on the broader market environment, including macroeconomic factors and investor confidence.
Feature images created with DALL-E, TradingView’s chart
