Brace for BTC price volatility? Bitcoin ‘coin days destroyed’ metric jumps to 2-month highs By Cointelegraph

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On March 8, addresses linked to the United States government moved 49,000 seized from the Silk Road, worth $1 billion. The transfer was accompanied by Bitcoin’s (BTC) price slipping below $22,000 and a noticeable spike in a key holder metric.

But does this mean that traders should brace for potential BTC price volatility ahead?

Bitcoin coin days destroyed. Source: Glassnode
The netflow volume of BTC to/from exchanges. Source: Glassnode
daily price chart. Source: TradingView