Odaily Planet Daily News📈: CryptoQuant analyst Maartunn revealed on the X platform that the sixty-day moving average of Bitcoin's Coin Days Destroyed (CDD) has reached a new high in six years! This indicates that more long-term held Bitcoin is being spent, significantly increasing market activity. 💡
Coin Days Destroyed (CDD) is an important indicator for measuring Bitcoin market trends. It combines the number of dormant days and the amount transferred, helping us understand the potential trends in the market. Despite the overall volatility in the crypto market, Bitcoin continues to demonstrate strong vitality and is worth ongoing attention! 🚀