Free brief Adler 💎 Insight· $30/mo

Bitcoin CVDD

A cumulative model of value-weighted coin days destroyed.

Bitcoin CVDD today

As of , CVDD is $46,849 as a model price level. Bitcoin closed at $75,868, or 1.62× CVDD.

Price position

CVDD to 2.5x

CVDD
$46,849Model reference level
2.5× CVDD
$117,123Model reference band
5× CVDD
$234,246Model reference band
BTC price
$75,868Daily close
Price / CVDD
1.62×CVDD to 2.5x
Data date
Last full UTC day

Bitcoin CVDD chart

BTC priceCVDD2.5× CVDD5× CVDD

Daily UTC · Shared log axis · 2.5× and 5× reference bands

Readings

CVDD, last eight weeks

DateCVDD2.5× CVDD5× CVDD
$46,849$117,123$234,246
$46,738$116,846$233,692
$46,600$116,501$233,002
$46,422$116,055$232,110
$46,296$115,740$231,481
$46,066$115,164$230,329
$45,931$114,827$229,653
$45,756$114,390$228,780
Guide

How the CVDD model works

Formula

CVDD(D) = Σ CDD(t) × Price(t) / ((age(D) + 280) × 6,000,000)

Age is the number of days since January 3, 2009, bounded below by zero. The sum begins with the first available matching observations of coin days destroyed and price.

History and precision

The available history covers Oct 6, 2009 to Nov 7, 2026. Coin days destroyed measure how long spent coins had remained still, weighted by the amount spent. The cumulative model uses observed positive prices and does not fill unknown observations with estimates.

Limits

The model does not identify actual purchases, account holdings or guaranteed support levels.

Adler ☕️ AM

Latest Adler AM briefs

All briefs →
FAQ

Bitcoin CVDD, explained

What is the Bitcoin CVDD indicator?

The Bitcoin CVDD indicator is a cumulative value-weighted Coin Days Destroyed model, with 2.5× and 5× reference bands.

How is CVDD calculated?

For each valid overlapping day, add CDD × BTC price to a cumulative sum. Divide by (days since January 3, 2009 + 280) × 6,000,000. The full available joint history is used in the calculation.

What is the latest CVDD value?

On Nov 7, 2026, CVDD is $46,849, the 2.5× band is $117,123, and the 5× band is $234,246 as a model price level. BTC closed at $75,868.

Which data does the chart use?

Coin days destroyed and the Bitcoin daily close on the same dates, from Oct 6, 2009 to Nov 7, 2026. Only finished UTC days are used.

Do revisions change later CVDD values?

Yes. CVDD adds up history, so a correction to an earlier day changes every later value.

Is CVDD guaranteed support?

No. CVDD and its multiples are reference model levels, not guaranteed support, probabilities or trading signals..

Read CVDD with these models

Valuation models
Adler 💎 Insight

Monday’s report, in three questions

  • Is Bitcoin cheap or stretched against what holders paid?
  • Are large holders taking profit or adding?
  • Which data matters this week, and which is noise?
Get Adler 💎 Insight