Odaily Planet Daily News reports that the latest glassnode report shows that the VDD (Value Days Destroyed) multiple for Bitcoin (BTC) continues to stay in the low range, indicating that the market is still in the accumulation phase. The current market condition reflects limited spending by long-term holders and low distribution pressure, which is seen as a positive signal. glassnode points out that the market is digesting previous price gains in a “structurally constructive manner,” a pattern often regarded as healthy market behavior.
PS: The VDD (Value Days Destroyed Multiple) is an important on-chain Bitcoin indicator used to measure the ratio of short-term spending velocity to long-term average levels. This metric helps investors understand market behavior and potential trends.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
CZ’s new book reveals: He accidentally sent 46 BTC to the wrong address due to an operational mistake, and the funds are permanently lost
In his new book, CZ recalls a mistake he made when buying Bitcoin using BTC-e after Mt. Gox collapsed. He accidentally sent 46 BTC to the wrong address, resulting in the permanent loss of the assets, worth about $30k. He highlighted the risk of blockchain transactions being irreversible and the lack of a centralized compensation mechanism.
GateNews2m ago
CZ New Book Reveals: First Encountered Bitcoin in 2013 During a Card Game, Advised to Allocate 10% of Assets
Gate News update. On April 8, CZ (Changpeng Zhao) recalled in his new book that in July 2013, he first heard about Bitcoin during a poker game attended by investors and entrepreneurs. At the time, Cao Darong, general manager of G. Speed China, mentioned, "There’s a new thing called Bitcoin you can take a look at." After that, Li Qiyuan, CEO of Bitcoin China, further suggested that he allocate 10% of his assets to Bitcoin, when the Bitcoin price was $70. CZ revealed that while working in the sales of trading systems, he gradually became fond of playing Texas Hold’em, golf, and going to KTV.
GateNews8m ago
Trump cancels the “doomsday,” Bitcoin surges toward $72k, and global markets rebound across the board
After the United States and Iran reached a ceasefire agreement, global financial markets rebounded, and the price of Bitcoin surged sharply, with stock markets around the world rising in tandem. Analysts say Bitcoin is gradually becoming a risk asset that is highly linked to the macroeconomy, and in the future, price movements will be driven by geopolitical factors and liquidity.
GateNews28m ago
BTQ Study Finds Quantum Bitcoin Mining Would Require Star-Level Energy, Cites Signature Vulnerability as Bigger Threat
BTQ Technologies Corp. published a research paper on April 8, 2026 establishing the first end-to-end physical cost estimate for using quantum computers to mine Bitcoin.
CryptopulseElite1h ago
