TGViewer
Glassnode Glassnode @glassnode · 44K subscribers
Post #244 13K
#Bitcoin Coin Years Destroyed (CYD) is the cumulative sum of all coin days destroyed in the last 365-days. CYD is trading at levels similar to 2013, but is still far below the 2017 top.

This suggests old hands have not distributed coins to the same extent as last cycle, and instead prefer to hold onto their coins. This is especially true given #Bitcoin is older and thus more coin days are in the system.

Read More in The Week On-chain

Live Chart | @glassnode
Open in Telegram All posts from @glassnode
More from @glassnode
  1. Oct 13, 2026The cost basis of investors that bought the top still caps BTC's upside. Holders who bough…
  2. Oct 13, 2026$BTC has bounced off the ETF cost basis. Price spent most of this year below that level, a…
  3. Oct 12, 2026Bitcoin trades just below $83k after a mid-week slide briefly undid the September breakout…
  4. Oct 8, 2026Most #BTC with a visible public key is exposed through address reuse, and that part has be…
  5. Oct 8, 2026Existing holders have been carrying this $BTC rally. The realized cap keeps climbing while…
  6. Oct 8, 2026Bitcoin is moving into support. After a rejection from the sell wall at $86.5K, $BTC has s…
Threads Profile ViewerView any public Threads profile without an account.Open ThreadLook →Writing with AI? Make it sound human.Metric37 rewrites AI drafts so they read naturally. Free AI detector, 1,500 words free.Try Metric37 →