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wholesale jewelry shows in florida The destroyer of currency is a term, which refers to the BTC that has been sold suddenly in the wallet, which leads to destroying Coin Tian. The important thing is that these BTCs have not been destroyed. The number of currency sales is only to measure the number of days before selling tokens.
For example, assuming a investor purchased 1 BTC and put it in a wallet for 90 days, and then saw the price rising sharply, deciding to sell, which means that it destroyed 90 yuan.
If investors are constantly stocking, and only a small number of previous tokens are sold, the number of currency sales will show a downward trend. In the later period of the bull market, people usually sell tokens more and more, which will lead to an increase in currency sales.
The beauty of this value is that it has a small impact on short -term traders. Compared with the activity of long -term traders, because these traders have not held BTC for a long time, they will have a minimum impact on currency sales. However, when a long -term holder starts to sell BTC, you have to pay attention to this trend.
From these important indicators, BTC seems to be far from top. The current price of BTC is more than 40,000 US dollars, but the 90 -day mobile average of currency sales is close to its minimum level, and the number of currency sales has gradually declined. Compared with the increase in currency prices, the confidence of the long -term coin holders is more confident.