Metric name: CVDD
Chart:
API: https://chainmetrics.com/api/m34_cvdd?apikey=[YOUR-API-KEY-HERE]
Metric description: Cumulative Value-Days Destroyed (CVDD) is the ratio of the cumulative USD value of Coin Days Destroyed and the market age (in days). Historically, CVDD has been an accurate indicator for global Bitcoin market bottoms.
Chart:
API: https://chainmetrics.com/api/m34_cvdd?apikey=[YOUR-API-KEY-HERE]
Metric description: Cumulative Value-Days Destroyed (CVDD) is the ratio of the cumulative USD value of Coin Days Destroyed and the market age (in days). Historically, CVDD has been an accurate indicator for global Bitcoin market bottoms.