That is an opinion editorial through Shane Neagle, the editor-in-chief of “The Tokenist.”

Macroeconomic headwinds are incessantly including to a bearish narrative throughout all markets, together with bitcoin.

As of October 2022, bitcoin is down greater than 60% because the get started of the yr, but bitcoin’s buying and selling quantity stays reasonably constant since July 2022. Does that imply nearly all of holders are giving up at the prospect of bitcoin and opting to promote?

This can be a complicated subject to dive into, however there’s one indicator that may assist us paint an image of what’s happening at the back of the noise: coin days destroyed (CDD).


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