Bitcoin Whales Are Laughing, CDD Collapses to 2017 Levels – Is The Bull Coming?

According to the ever-reliable CryptoQuant, the Exchange Inflow Coin Days Destroyed (CDD) metric on Binance has just plunged to 380, the lowest it’s been since September 2017. For those not fluent in crypto lingo, CDD is a fancy way of measuring how long coins have been sitting around before being moved to exchanges. A low CDD means that the coins being moved are from short-term traders-your weekend warriors, not the long-term investors who’ve been holding since the glory days.

