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Glassnode Glassnode @glassnode · 44K subscribers
Post #239 18.1K
#Bitcoin Binary CDD trends when older coins are spent or stay dormant.

With a 7-day MA applied it trends:
- Higher if old coins are spent
- Lower if old coins are dormant

Over last 3mths, Binary CDD has started trending lower implying that Old Hands have resumed HODLing their BTC.

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