After reaching a monthly average record of almost 1.3 million BTC, the key CDD metric has now been cut in half to around 650,000 BTC. With the 50% decline, the metric is now back below the yearly average, which remains elevated.
This indicator, which monitors whether coins moved on-chain are being sold for a profit or a loss, frequently captures more profound changes in the opinion of experienced investors. According to the expert, the major metric is now located at 1.26, marking its lowest level since February 2024.
