Watch Long-Term Holder Activity Closely

By: bitcoin ethereum news|2025/05/15 20:00:12
0
Share
copy
Bitcoin’s on-chain metric called Binary Coin Days Destroyed (Binary CDD) is climbing again. Binary CDD measures the moment when the coins that have not moved for a long time start moving. When long-term holders are holding Bitcoin, Binary CDD remains low. If this number goes through the roof, it is usually an indication that these holders are waking up and they might sell their coins. Binary CDD Rising “Binary CDD is rising again alongside Bitcoin’s price rebound and is now hovering around the 0.6 level. If it continues upward and surpasses 0.8, it may signal that long-term holders are preparing to realize profits.” – By @avocado_onchain pic.twitter.com/5c1UKxV5ng — CryptoQuant.com (@cryptoquant_com) May 15, 2025 Bitcoin Binary CDD Explained Binary CDD keeps the number of days it takes each coin to remain in a static position until someone actually moves it. When coins shift after a long nap, the metric ends up being very high. In past bull runs, the price of Bitcoin skyrocketed, and Binary CDD exceeded 0.8. This was the case in the latter part of the year 2021 and later in 2024, in March and again in December, when the coin set new all-time highs. Those spikes indicated that the long-term holders were either selling or passing coins to the new investors. Nowadays, Binary CDD is close to 0.6, and the price of Bitcoin is also recovering. A rising Binary CDD with price can show that long-term holders are going to cash in. If Binary CDD crosses the significant value of 0.8 again, then it might mean that the wash of old coins will be poured into the market for sale. Why Bitcoin Binary CDD Matters Viewing Binary CDD will enable the traders to identify shifts in supply. Once long-term holders start to sell, they inject more coins into the market, which may decelerate the coin’s price. However, if the binary CDD remains low when the price breaks up, it indicates the holder’s confidence. They prefer to retain their coins and not sell them. Investors should utilize a 30-day moving average of the Binary CDD. An ongoing break above 0.8 would be a clear indication that long-term holders are returning to the market. This could cause the price to fluctuate wildly or drop. If by any chance Binary CDD remains below 0.8, this implies that the holders still believe in Bitcoin, and thus, the price rally might not end. Next Steps for Bitcoin Investors In the following weeks, the aggregation of Binary CDD with other chain metrics, such as active addresses and transfer volume, can form a comprehensive picture of the trend of Bitcoin. By observing these signals together, traders and investors can make smarter decisions. They will be better prepared for the next turn in Bitcoin’s market cycle. With over five years of experience in crypto, blockchain, and tech content, Ishtiyaq makes complex topics easy to understand. He simplifies blockchain and digital currency concepts for a wide audience, ensuring that beginners and experts alike can grasp key ideas. His clear and engaging writing helps readers stay informed about the latest trends, developments, and innovations in the crypto space. Whether explaining blockchain technology, digital assets, or DeFi, Ishtiyaq breaks down complicated ideas into simple, digestible content. His goal is to help people navigate the fast-changing world of cryptocurrency with confidence, clarity, and a deeper understanding. Source: https://blockchainreporter.net/bitcoin-binary-cdd-reaches-0-6-watch-long-term-holder-activity-closely/

-- Price

--

You may also like

What you bought on CEX is really not US stocks: Analyzing the 94% liquidation monopoly and the evaporation of equity under a five-layer pipeline

Peeling back its smooth trading interface to examine the underlying legal relationships and settlement processes, you will find that this is far from a simple "RWA asset revolution," but rather a complex game of interests involving spot pricing, rights ownership, and the monopoly of underlying custo...

In such a crowded cross-border payment arena, where is the next stop for the future?

Only by stepping into the mud can one have the chance to touch gold.

Why Is Bitcoin Down in 2026? What We Can Learn From 2022

Why is Bitcoin down in 2026? Bitcoin has just recorded its worst first half since 2022, with back-to-back quarterly losses, record ETF outflows, and extreme fear. Here's what history says, how 2026 differs from the last bear market, and the three signals traders should wat

The large models in the United States are moving towards closure in the name of security

The government successfully inserted itself as an approver between commercial AI models and their users for the first time.

From the white-haired stock god to the billionaire fund mogul, the smart people shorting Nvidia are all getting rich using the same framework

Give up on heavily investing in Nvidia's "nine major bottlenecks"! This article analyzes the underlying logic behind top AI investors making billions: physical infrastructure such as electricity, HBM, and optical interconnects are the true keys to wealth in AI hardware.

Morning Report | CoinEx becomes a key hub for Iran to evade sanctions, involving over $3.8 billion in funds; Kalshi seeks a new round of financing, with a valuation potentially rising to $40 billion

Overview of Important Market Events on June 25

Contents

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com