Coin Days Destroyed

Definition ∞ Coin Days Destroyed is an on-chain metric that measures the economic significance of coin movements by factoring in both the amount of cryptocurrency transacted and the duration it remained dormant. When a coin moves, the number of days it was held is multiplied by the amount, yielding “coin days” that are then “destroyed.” This metric provides insight into the activity of older, larger holdings.
Context ∞ Crypto news often uses Coin Days Destroyed to analyze long-term holder behavior and potential market shifts. A high Coin Days Destroyed value can indicate that older coins are being spent, possibly signaling profit-taking by long-term investors or a shift in market sentiment. Conversely, low values suggest that long-term holders are keeping their assets, implying a lack of selling pressure.

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→Volatility Risk Assessment

→Put Options Demand

→Bitcoin Supply Dynamics

Veteran Selling and New Buyer Losses Demand Extended Market Consolidation

Persistent profit-taking from experienced holders has pushed the price below recent buyers' average cost, signaling structural market weakness.

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→Structural Price Floor

→Market Cycle Phase

→OTC Desk Flows

Dormancy Flow Confirms Institutional Accumulation Is Absorbing All Price Volatility

Old coins are staying put while new capital flows in, confirming that the market's intrinsic value is rising faster than volatility suggests.

Intricate metallic components are housed within textured blue casings, forming advanced computational infrastructure. A central transparent, hexagonal conduit, akin to a blockchain ledger's data pipeline, is flanked by multiple reflective validator nodes or processing units. These embed within a soft, light-blue granular structure, representing a decentralized network's organic consensus mechanism or a layer-2 scalability architecture. Subtle glowing blue accents hint at active transaction confirmations and robust cryptographic integrity operations, underscoring a sophisticated distributed ledger technology DLT.

→Market Cycle Phase

→Long Term Holder Distribution

→Realized Cap Analysis

Veteran Bitcoin Holders Are Selling Supply New Demand Is Buying It All

Long-dormant coins are moving to exchanges, but a rising share of recent coins proves new buyers are absorbing the supply transfer.

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→Coin Days Destroyed

→New Demand Required

→Long-Term Holding

Long-Term Holders Are Selling: Can New Demand Absorb This Massive Supply

Veteran investors are cashing out at a pace that creates a structural supply shock, testing the market's fundamental strength.

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→Market Conviction

→Capital Retention

→Strategic Distribution

Long-Term Holders Sell but Institutional Demand Aggressively Absorbs Supply

Experienced investors are strategically selling coins, but institutional capital is buying them up, confirming strong market health.