MarketPR
Bitcoin's unspent transaction outputs — the on-chain record of every coin parcel that has changed hands but not yet moved again — are flashing capitulation signals, according to CryptoQuant analyst Darkfost.
The pattern suggests a portion of $BTC holders are exiting positions, likely at a loss, in a move the analyst frames as a potential clearing event. Darkfost's read: history favors buyers who hold through these windows.
What the UTXO Metric Is Actually Measuring An unspent transaction output, or UTXO, is the fundamental accounting unit of the Bitcoin ledger.
Every time a coin moves, it destroys old UTXOs and creates new ones stamped with the current block height and implied price.
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