CryptoQuant Analyst: CDD 60-Day Moving Average Indicator Reaches New High in 6 Years
ChainCatcher news, CryptoQuant analyst Maartunn posted on the X platform that the Coin Days Destroyed (CDD) sixty-day moving average indicator has reached a new high in six years.It is reported that CDD = Dormant Days x Transfer Amount. When Bitcoin is spent, its held Coin Days are destroyed, and CDD represents the total of all Coin Days of spent Bitcoin.