Bitcoin UTXOs In Profit Drop To Lowest Level Of The Year

The percentage of Bitcoin Unspent Transaction Outputs (UTXOs) in profit has plummeted to 68.5%, the lowest level observed this year.

Historically, such a drop has preceded significant price surges; for example, a similar decline in 2023 was followed by a remarkable 273% increase in Bitcoin’s price.

#Bitcoin UTXOs in Profit Drop to Lowest Level This Year

“The last time the percentage of Bitcoin UTXOs in profit dropped to 68.5%, Bitcoin's price saw a significant surge of 273%.” – By @EgyHashX

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