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Bitcoin UTXO falls to new low since April 2024

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2025-10-05 12:25:06
Bitcoin's UTXO (unspent transaction output) volume has recently fallen to about 166.60 million, reaching its lowest level since April 2024. Analyst CryptoOnchain pointed out that the decline in UTXO volume has formed an "inverse relationship" with the rise in BTC price, which is a classic signal of "market maturity", indicating that long-term holders are actively "hoarding", thus reducing selling pressure. This trend implies that Bitcoin is currently in a strategic "re-accumulation phase".
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