#链上指标分析
$BTC BITCOIN: VALUE DAYS DESTROYED MULTIPLE
Bitcoin: Value Days Destroyed Multiple
The orange zone has appeared

Very low VDD indicates that old coins are barely moving, and the market is entering a phase of coin accumulation dominated by long-term holders.

VDD Multiple divides the daily value days destroyed by its 365-day average. More aged and higher-value coin movements generate greater value days destroyed, so this metric is used to observe whether long-term holders are accumulating while dormant, or spending and distributing in concentration.

-Current Data
Long-term holder activity: low VDD zone · deep accumulation
Current VDD: 0.6584, below the 0.75 accumulation threshold;
7-day average 0.75, 30-day average 0.75.
Old coin spending intensity is relatively low, and long-term holders are showing dormancy and coin accumulation characteristics.
BTC reference price: $79,563
7-day change: -0.1793 · pullback
Historical peak: 4.46 · 2013-04-16
On-chain date: 2026-09-03