Whale
Transactions of 500 BTC or larger but below the Mega Whale threshold (1,000 BTC). Common for large traders, OTC desks, exchange operations, and treasury management. Most actionable tier for daily flow analysis.
Coin Days Destroyed: Measuring Whale Conviction
On-chain analysis · 60 seconds
Key takeaways
- Coin Days Destroyed measures when old, dormant Bitcoin moves.
- High CDD signals whale conviction—they're acting after long hodls.
- Spikes often precede major price moves, up or down.
- Track CDD to spot whale accumulation vs. distribution patterns.
Full explainer
Why do whales suddenly move Bitcoin that's been sitting untouched for years? That's where Coin Days Destroyed comes in. It's a metric that counts how long coins have been stationary, then measures what happens when they finally move. Think of it like this: if you've held the same Bitcoin since twenty twenty-one and you move it today, that's a massive signal of conviction. High CDD spikes tell us whales are either committing to a position or preparing to exit. Investors watch these patterns because they often precede major market moves. By tracking when dormant coins wake up, you're essentially reading whale psychology before the crowd notices. Understanding CDD separates noise from genuine on-chain intent.
Originally posted on YouTube: https://youtu.be/IjiRVHUixRc