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Binary CDD
Binary CDD is binary value and if Supply Adjusted Coin Days Destroyed (Supply-Adjusted CDD) is larger than average Supply-Adjusted CDD, Binary Coin Days points to '1' and points to '0'

Definition

Binary Coin Days Destroyed is binary value and if Supply Adjusted Coin Days Destroyed is larger than average Supply Adjusted Coin Days Destroyed, Binary Coin Days points to ‘1’ and points to ‘0’ if not
  • shows 1: If measured Supply-Adjusted CDD is larger than the average Supply Adjusted CDD
  • shows 0: If measured Supply-Adjusted CDD is less than the average Supply Adjusted CDD

Interpretation

It shows whether long-term holders’ movements are higher or lower than average.
  • High density of value pointing ‘1’: Long-term holders moved their coins for possible selling
  • Low density of value pointing '1' : Long-term holders are not moving their coins
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