# Coin days destroyed soars

**URL:** <https://discourse.peercoin-library.org/t/coin-days-destroyed-soars/2691>\
**Category:** General\
**Created:** [July 21, 2014, 12:49am UTC](https://discourse.peercoin-library.org/t/coin-days-destroyed-soars/2691 "2014-07-21T00:49:08Z")\
**Posts on this page:** 3\
**Page:** 1

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**Author:** ![redlee](https://discourse.peercoin-library.org/letter_avatar_proxy/v4/letter/r/53a042/32.png) [@redlee](https://discourse.peercoin-library.org/u/redlee)\
**Post date:** [July 21, 2014, 12:49am UTC](https://discourse.peercoin-library.org/t/coin-days-destroyed-soars/2691/1 "2014-07-21T00:49:08Z")

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Last 30 days.  
 ![](http://8btc.com/data/attachment/forum/201407/21/083055cqrpax64apxpdg6p.png)

last 180 days  
 ![](http://8btc.com/data/attachment/forum/201407/21/083108qbgavb1bbs2yr2gb.jpg)

Thoughts?  
source:[http://ppc.blockr.io/charts](http://ppc.blockr.io/charts)

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**Author:** ![onthefrynge](https://discourse.peercoin-library.org/letter_avatar_proxy/v4/letter/o/edb3f5/32.png) [@onthefrynge](https://discourse.peercoin-library.org/u/onthefrynge)\
**Post date:** [July 21, 2014, 6:44am UTC](https://discourse.peercoin-library.org/t/coin-days-destroyed-soars/2691/2 "2014-07-21T06:44:39Z")

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[https://bkchain.org/ppc/block/8e924ea75c7766c8c06d8ce849a7d8436d7cd44cd9c81aa0a563a362167f2b91](https://bkchain.org/ppc/block/8e924ea75c7766c8c06d8ce849a7d8436d7cd44cd9c81aa0a563a362167f2b91)

In this block, a large holder reorganized a bunch of outputs into new outputs, each containing 10000 PPC.

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**Author:** ![mhps](https://discourse.peercoin-library.org/letter_avatar_proxy/v4/letter/m/a6a055/32.png) [@mhps](https://discourse.peercoin-library.org/u/mhps)\
**Post date:** [July 21, 2014, 9:55am UTC](https://discourse.peercoin-library.org/t/coin-days-destroyed-soars/2691/3 "2014-07-21T09:55:20Z")

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Based on a withdraw tx from btc-e I trace back and find that btc-e perhaps had multiple levels of cold wallets that mints once several to several tens days. Btc-e probably owns the address PXBf64T4gqKcn7Kruw75X8V5yeci34HG92, which has over 1.8 million Peercoins. This address got on-line for an hour and minted over 6000 PPCs POS reward on Jun 10th. I think that is what is shown here in the smaller spike.

Did I hear btc-e also owns PDH9AeruMUGh2JzYYTpaNtjLAcfGV5LEto which has almost 1.9 million PPCs ? If true then it looks like the biggest holders that don’t mint (often) are the exchanges. Maybe we should send btc-e a free raspi to mint securely with their cold wallets, before cold-locks minting is implemented.