The indicator signals that behavior amongst Bitcoin OGs is quite different to previous Bitcoin halvings.
Bitcoin (BTC) OGs appear to be gearing up to cash in on their gains ahead of the Bitcoin halving, according to a leading indicator popular among crypto traders.
An indicator called the Value Days Destroyed (VDD) Multiple recently spiked above 4.0, leading crypto commentators to speculate that the wider market could be nearing the end of the bull run.
“Has on-chain momentum topped?” pseudonymous trader TXMC Trades asked their 83,200 X followers in an April 10 post.
