Lookonchain APP

App Store
Feeds Articles

Analyst: Bitcoin Whales Transfer Large Amounts, Uptrend May Slow Down but Is Not Over

2025.07.24 12:41:50

On July 24th, CryptoQuant analyst Axel Adler Jr. posted that with Bitcoin's price fluctuating between $106,000 and $118,000, an abnormally high monthly Coin Days Destroyed (CDD) and an annual CDD ratio (0.25) emerged in the current market. This value is close to the historical high in 2014 and the level during the 2019 pullback. This shows that long-term holders - investors who have not moved their Bitcoin for several years - are massively transferring their holdings to the market. Such a surge in CDD typically means that experienced players are actively distributing their chips. Meanwhile, institutional fund demand and Bitcoin ETF inflows remain at high levels. Therefore, this round of chip distribution is unlikely to bring an end to this bull run. At most, it may slightly slow down its pace. Note: CDD refers to Coin Days Destroyed, which assumes that each Bitcoin accumulates "1 coin day" every day. Holding 10 Bitcoins for 10 days accumulates 100 coin days. When these Bitcoins are spent or transferred, the corresponding 100 coin days are destroyed.
Add to Favorites Download image Share x Copy link
Relevant content

Disney's new CEO: Streaming services are the core of the company's future development.

Disney’s new CEO Josh D’Amaro has stated that the company’s streaming service Disney+ is the core of its future development. D’Amaro said: “We have a streaming business and scale advantages, so we have now established direct relationships with consumers. We can integrate data at the technical level and start communicating with consumers with a unified voice.” He noted that Disney’s streaming platform will create a “seamless user experience” to boost long-term fan value and shareholder returns. He added: “If we get the streaming right—and we have already proven we can do this—there will be huge opportunities here.”

8 minutes ago

COW rises to break through $0.15, surging over 50% in 24 hours.

According to HTX market data, COW has surged past $0.15, currently trading at $0.1503, with a 24-hour increase of 50.65%.

8 minutes ago

Jensen Huang steps in to calm the AI computing power market, teaming up with Wall Street giants to endorse AI computing power.

According to CCTV Finance, a rare scene this week saw Jensen Huang, NVIDIA’s CEO, team up with six major Wall Street asset management firms to endorse the concept of establishing AI computing power as an independent asset class. Analysts view this as Huang putting his proposed token economics into practice, and note that the AI boom is evolving from a technological race to a capital race. However, the latest initiative has raised investor concerns over "circular financing" and debt risks. In response to the doubts, Huang personally stepped in to reassure the market, stating that NVIDIA may provide a residual value support mechanism of up to 25% for individual investment projects and will conduct careful evaluations of each project. Subsequently, market sentiment eased slightly.

8 minutes ago

Analysis: Bitcoin’s apparent demand has improved significantly, but structural hoarding volumes remain insufficient to fully absorb new supply.

CryptoQuant analyst Darkfost wrote that Bitcoin’s apparent demand has improved notably but remains negative at -32,000 BTC. When Bitcoin entered its current consolidation range in early June, demand was estimated at -272,000 BTC. This is a positive development, though not yet robust enough. Similar patterns were observed in February and May 2026, after which demand weakened again. This may also be tied to falling average mining output, as hash rate has declined, leading to lower production. Thus, this is not yet strong positive momentum, but the trend merits close monitoring. Note: Apparent demand is calculated as the number of newly mined BTC minus supply that has not moved for over a year. In other words, this metric assesses whether structural hoarding is sufficient to absorb new supply generated by the network.

8 minutes ago

Investment Bank Survey: AI Disrupts Software Industry, Private Secondary Market Investors Shift to Wait-and-See Stance

According to a market survey by investment bank Lazard, investors in the private equity fund secondary market are changing how they evaluate potential software investment targets. As they wait for the disruptive impact of AI on business models and valuations to become clearer, they are often "shifting capital to other investment opportunities". The investment bank noted that the vast majority of respondents (91%) believe the main moat for software companies to counter AI threats and avoid their products becoming obsolete is "proprietary data advantages and network effects that AI cannot easily replicate". Lazard added that as of June this year, only 4% of respondents said their approach to investing in the software industry has not changed.

8 minutes ago

CZ: Bitcoin is a deflationary asset, with only approximately 4.4% of its total supply remaining to be mined.

Binance founder CZ posted on social media, stating, "As of August 2026, over 20.07 million Bitcoin will have been mined, leaving only roughly 4.4% of its total supply left to mine. I estimate that 10% to 20% of existing Bitcoin has been lost, is inaccessible, or cannot be recovered. It is a deflationary asset."

8 minutes ago

Hot feeds

A trader profits $448K by monitoring #Binance's new listings!

2024.12.13 17:37:29

Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.

2024.12.16 14:48:36

A $PEPE whale that had been dormant for 600 days transferred all 2.1T $PEPE($52M) to a new address.

2024.12.14 10:35:27

When Elon Musk tweeted about Moltbook, the meme coin MOLT experienced a short-term 30% price surge, hitting a new all-time high of $114 million.

2026.01.31 18:37:29

A smart #AI coin trader made $17.6M on $GOAT, $ai16z, $Fartcoin,$arc.

2025.01.05 16:05:18

A sniper earned 2,277 $ETH ($8.3M) trading $SHIRO within 18 hours!

2024.12.03 23:09:08

 More

Hot Articles

Follow us

X

Follow

Telegram

Join

Popular tokens

BitcoinEthereumHyperliquidSolanaTRONBNBTetherAaveXRPPepeFartcoinOndoJupiterUniswapBonkPendleEthenaArbitrumAvalancheLidoChainlinkPolygonDogecoinCardano