Binary CDD

Binary CDD uses the ratio of the total number of Supply-Adjusted CDD from the birth of BTC to the current time / the total number of days from the birth of BTC to the current time as the benchmark value. When the Supply-Adjusted CDD > the benchmark value, it is recorded as 1, otherwise it is recorded as 0. In this way, the state of Supply-Adjusted CDD can be more intuitively observed when it is in peak or low peak for a long time.

1）When the indicator value is continuously equal to 1, it means that the Supply-Adjusted CDD during this period is greater than the historical average level, and more long-term holders or whales have moved their BTC;

2）When the indicator value is continuously equal to 0, it means that the Supply-Adjusted CDD during this period is less than the historical average level, and the moving BTC is mostly held by short-term holders.

In this way, the state of Supply-Adjusted CDD can be more intuitively observed when it is in peak or low peak for a long time. Long-term peaks indicate long-term holders or whales moving their coins for a possible sale.

This metric was originally created by and . For more information see .

Hans Hauge

Ikigai