Instead if Bitcoin days destroyed, how about a total of Bitcoin days not destroyed?
One bitcoin day not destroyed (or just One Bitcoin Day) is 1 BTC that has been received one day ago. Five Bitcoin Days is 5 BTC that has been received one day ago, or 1 BTC received five days ago.
For all 10M or so bitcoins, you check when they have been sent to the address they are at now and add it together.
If 78% of all bitcoins are dormant and the rest is used randomly, the number of Bitcoin Days should rise by ( .78 * numBitcoinsInExistence ) per day.
If, suddenly, all bitcoins were used on the same day, Bitcoin Days would drop to 0.
You could measure the dormancy of bitcoins over a period with the following formula:
( NumBitcoinDaysByDate(endDate) - NumBitcoinDaysByDate(startDate) ) / numBitcoinsByDate(startDate) / numDaysBetween(startDate, endDate)
Which would give you a number > 1 if bitcoins became more dormant, 1 > number > 0 if the coins circulating became more circulated, or number < 0 if previously dormant numbers came back in circulation.