BITCOIN SUPPLY ADJUSTED COIN DAYS DESTROYED (CDD) CHART

BTC supply Adjusted CDD (Coin Days Destroyed) refines the standard CDD metric by dividing it by the circulating supply. This adjustment removes the impact of supply growth, creating a purer, long-term indicator. It measures the economic activity of long-term holders relative to the total supply, offering a clearer signal on HODLer sentiment. High values suggest long-term holders are selling, while low values indicate strong accumulation.