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Bitcoin owners hold tight as new UTXOs outstrip spending Bitcoin owners hold tight as new UTXOs outstrip spending Andjela Radmilac · 1 year ago · 3 min read
α ▸ ▸ Alpha

Bitcoin owners hold tight as new UTXOs outstrip spending

with insights from Glassnode

The number of created UTXOs has been outpacing spent UTXOs since late October, pointing to a strong trend of Bitcoin accumulation.

Andjela Radmilac
Dec. 14, 2023 at 4:30 pm UTC
3 min read
Updated: Dec. 14, 2023 at 4:24 pm UTC
Bitcoin owners hold tight as new UTXOs outstrip spending

Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.

Exploring Bitcoin's UTXOs reveals an intriguing trend: their creation significantly outruns their spending. This pattern, observed between October 28 and December 14, offers insights into market sentiment and investor behavior. Find out more with CryptoSlate Alpha ...

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