Svmuu News: According to Glassnode’s latest report, the VDD multiple for Bitcoins (BTC) remains in the low range, indicating that the market is still in an accumulation phase. The current market conditions reflect limited spending by long-term holders and low distribution pressure, which is viewed as a positive sign.glassnode notes that the market is digesting previous price gains in a “structurally constructive manner,” a pattern typically viewed as healthy market behavior. PS: The VDD multiple (Value Days Destroyed Multiple) is a key on-chain indicator on Bitcoin used to measure the ratio of short-term spending velocity to the long-term average. This metric helps investors understand market behavior and potential trends.