Analysis: Binance Bitcoin inflow CDD data has reached its highest level since the beginning of 2023, and long-dormant addresses are taking profits

By: rootdata|2026/05/07 11:47:17

Cryptoonchain posted on social media that the btc-42">Bitcoin inflow CDD (Coin Days Destroyed) on the Binance trading platform has reached its highest level since the beginning of 2023. Bitcoin, which has been dormant for a long time, is starting to move, indicating that long-term holders and whales are taking profits in the $78,000--$80,000 range.

The surge in Coin Days Destroyed means that earlier Bitcoins are flowing into trading platforms, indicating increased selling pressure. Historically, this behavior often signals the arrival of short-term volatility or local tops. The inflow peak in April has already shown early distribution signals across the market, and if buying demand cannot absorb this supply, Bitcoin may face a strong supply resistance wall.

-- Price

Interlace has launched two innovative products, Agent Card and Scan to Pay, bridging traditional finance and the crypto world, and comprehensively accelerating the integration of AI Agent consumption and stablecoin payments into everyday business scenarios with a more secure and efficient enterprise...

Morning Report | Musk's xAI launches Skills; Duan Yongping to first build position in Circle in Q1 2026; Polymarket partners with Nasdaq to launch prediction market

Overview of Important Market Events on May 19

Dialogue with Lead Bank Founder Jackie: American Banks Re-embrace Crypto

Excellent crypto companies are not those that are "best at circumventing regulations," but those that are "best at evolving in collaboration with regulations."

Vitalik: What we need to do is not to fight against AI, but to create a sanctuary

What is truly scarce is not computing power, but people who are willing to think proactively and retain sovereignty.

Morning News | VanEck and Grayscale submitted BNB ETF amendments on the same day; BlackRock discusses investing billions of dollars in SpaceX's IPO; Michael Saylor releases Bitcoin Tracker information again

Overview of Important Market Events on May 17

Crypto ETF Weekly | Last week, the net outflow of Bitcoin spot ETFs in the United States was $995 million; the net outflow of Ethereum spot ETFs in the United States was $255 million

Avenir Group solidifies its position as the largest Bitcoin ETF institutional holder in Asia, ranking first in the region for eight consecutive seasons.

This Week's News Preview | The Federal Reserve Releases the Last FOMC Minutes of the "Powell Era"

Highlights of the week from May 18 to May 24.

Blockchain Capital Partner: Most people's understanding of on-chain economy is narrow

In the author's view, the most astonishing things in the blockchain space have yet to be created. Flash loans give us a glimpse, but this is just the tip of the iceberg.

The ambition of "one account trading global assets": How does CoinUp.io break down asset barriers to become an industry dark horse?

Create a diversified financial ecosystem through collaboration between CEX and public chains.

How long will it take for the GPU futures market when computing power is commoditized?

Will computing power be the next major commodity? Examining the GPU futures market from five dimensions: it is still too early to talk about an explosion; the real breakthrough variable lies within the wave of open-source models and inference demand.

Harvard University loses $150 million in cryptocurrency! Has completely liquidated Ethereum and significantly reduced its Bitcoin ETF positions

In just two quarters, Harvard's public holdings in crypto assets fell from a peak of $443 million to about $117 million.

BNB Chain releases a research report exploring the migration path of BSC to post-quantum cryptography

The report explores the specific performance and implementation path impacts of replacing traditional blockchain cryptography with anti-quantum methods, including the use of ML-DSA-44 as a transaction signature scheme and the use of pqSTARK aggregated verifier consensus signatures.

After the number of developers was halved: Crypto is not dead, it has just handed over talent to AI

The trust, coordination, and verification issues encountered in the scaling of AI will ultimately require the mechanism design capabilities accumulated by the crypto industry to resolve.

"JUST 6th Anniversary x GasFree Super Carnival Month" is here: Enjoy "0" Gas transfer freedom and share a prize pool of 10,000 USDT

The total prize pool for this grand event reaches 10,000 USDT, covering multiple gameplay options such as the GasFree activation challenge, the exclusive prize pool for the pizza festival, the JUST 6th anniversary lucky koi, and knowledge competitions.

Morning News | AEON completes $8 million Pre-Seed round financing led by YZi Labs; Goldman Sachs liquidates XRP and Solana ETF holdings in Q1; Strategy increased its holdings by 24,869 BTC last week

Overview of Important Market Events on May 18

Capital Markets: How will independent agents obtain financing?

Agents are becoming real companies: signing contracts, opening accounts, taking orders, and sharing profits. When ten thousand such companies are operating simultaneously, who will lend to them? How do they obtain financing?

Duan Yongping establishes a position in a cryptocurrency company for the first time: Why Circle?

The stablecoin company represented by Circle is becoming the bridge that is easiest for traditional capital to understand and accept.

Vitalik: What is the key to the next phase of Ethereum?