Nearly 4.2m Coin Days destroyed (useful for measuring bitcoins that haven't been moved in a while)
x btc * n days since last move = coinDaysDestroyed
What does this mean? Who knows. Maybe nothing, or maybe a Bitcoin whale is looking to make some waves in the markets.
That many coin days are not often destroyed.
Taken from this transaction id
Via:
Thank you for this info. Interesting indeed... Resteemed
maybe that's why it dropped to 595 usd from 610-615
Ξ888Ξ tweeted @ 21 Sep 2016 - 15:58 UTC
Disclaimer: I am just a bot trying to be helpful.
It took me a minute to actually figure out what that stat actually meant. I think it indicates that someone that has been sitting on some btc for a long time is now make some sort of move. I imagine they are either the Twins preparing for their BTC fund or even Gemini, or someone that is going to cash out big time. Then again, who knows ?
Is there any direct tie to Satoshi or one of his early associates that anyone has been able to determine?
Selling/moving 2000 coins does not cause a $15 price drop