Carmelo_Alemán
Bitcoin Breaks Resistance as Holders Refuse to Sell! VDD Drops to 0.53
Bitcoin has confirmed its strength after breaking through the $94,200 resistance level, surging to the $97,500 zone. This bullish movement is not occurring in a speculative vacuum but is instead supported by key on-chain metrics. The Value Days Destroyed (VDD) indicator offers a direct reading of long-term holders’ behavior. This metric calculates the number of days bitcoins remained inactive before being moved, weighted by the amount of BTC transferred. A low value indicates that younger coins are being moved, while a high value means older coins (long holding periods) are being spent. Currently, the VDD stands at approximately 0.53 so far in January 2026—a historically low level. This suggests that the bitcoins being transferred on the network are relatively young, implying that older coins remain untouched. In practical terms, this means long-term holders are not selling as the price rises. This behavior strengthens the quality of the bullish movement, as the price increase is not accompanied by distribution from the market’s most experienced capital. Historically, when Bitcoin’s price rises while VDD remains low, the market tends to be in a healthy expansion phase, where demand absorbs the available supply without generating structural selling pressure. In this context, the breakout above resistance and the continued upward momentum are firmly supported by the inactivity of long-term holders, reinforcing the idea that the current move is driven by real market strength rather than a fragile rebound fueled by short-term speculation. This scenario will remain intact as long as the VDD stays low. A sustained increase in the indicator would signal distribution from long-term holders. Written by Carmelo Alemán, Verified On-Chain Analyst at CryptoQuant 👉 Connect with me: ♦️ X: @oro_crypto ♦️ YouTube: OroCryptoCanal ♦️ Email: [email protected] For collaborations, questions, or feedback—feel free to reach out!