Definition. Entity-Adjusted CDD is the variant of Coin Days Destroyed that counts only spent outputs whose movement crosses an entity boundary, so the print reflects real economic activity rather than in-house reshuffles.

Technical. Transactions between addresses of the same entity are discarded, providing an improved market signal compared to the raw UTXO-based counterpart.

Notes. For more information on entity-adjustment and account-based metrics, read our articles here and here.

This is the Point-in-Time (PiT) variant of Entity-Adjusted CDD. PiT metrics are strictly append-only and their history is immutable. The historic data does not necessarily reflect the best current knowledge, but the information at the time when a data point was first computed. PiT metrics are ideal candidates for applications in model backtesting and related quantitative purposes. Read our article on PiT metrics for more information.