Lifespan Vddmultiple Vddmultiple
Bitcoin
This is the Value Days Destroyed Multiple — VDD weighted by coin value and normalized against its trend.
Why it matters
It highlights economically significant old-coin spending, filtering out low-value moves.
How it is built
Value days destroyed is divided by its moving-average trend to form a multiple.
What to watch
High multiples mark heavy value-weighted distribution, historically near cycle tops.

