Coinblocks Destroyed - Bitcoin & Cryptocurrency Analysis

Monitor coinblocks destroyed when Bitcoin is spent after dormancy periods. Spikes indicate long-term holders are selling or moving Bitcoin, often correlating with market volatility and significant price movements.

About Coinblocks Destroyed

This on-chain metrics chart provides professional-grade analysis for Bitcoin and cryptocurrency markets. The coinblocks destroyed indicator is part of ChartInspect's comprehensive suite of blockchain analytics tools, designed to help traders and investors make informed decisions based on on-chain blockchain data.

Key Features

How to Use Coinblocks Destroyed

Navigate through different timeframes to analyze economic trends. Use the interactive features to zoom into specific periods and identify key on-chain signalsthat can inform your financial investment strategy.

Coinblocks Destroyed - Bitcoin On-Chain Indicator | ChartInspect | ChartInspect