On-chain data shows the Bitcoin Coin Days Destroyed (CDD) has reached a new all-time high (ATH). Here’s what could be behind this trend.

On-chain data shows that Bitcoin long-term holders have remained adamant recently as their movements remain at low levels.

On-chain data shows some old Bitcoin supply has recently been moved into exchanges, something that could be bearish for the crypto’s price.

On-chain data shows Bitcoin long-term holders have just ramped up their selling as the binary CDD metric shoots up.