Bitcoin’s Value Days Destroyed (VDD) has fallen below 0.75 in early 2025, highlighting reduced movement of older coins.
The Importance of VDD
The Value Days Destroyed metric, tracking coin movement patterns, has dropped below 0.75, contrasting with April 2024 when it exceeded 2.9. Bitcoin’s price remains above $105,220, suggesting long-term holders are retaining assets.
Bitcoin's Network Activity
Daily active addresses stabilize between 71,000 and 89,000. Transaction volumes indicate steady baseline activity, which suggests organic network usage rather than speculative trading.
Technical Indicators and Prospects
Bitcoin trades at $105,220.36, with a daily gain of 1.42%. Indicators like the 50-day and 200-day moving averages suggest bullish momentum. Stability above $100,000 and subdued VDD readings point to accumulation behavior.
In the long run, Bitcoin’s stability will depend on external factors such as regulatory changes and macroeconomic conditions.