Delving into the unique financial ecosystem of Bitcoin involves unpacking the concept of Unspent Transaction Outputs (UTXOs), a distinct characteristic that sets Bitcoin transactions apart from traditional financial transactions and offers a unique lens through which to analyze market behavior and investor sentiment.
Unlike traditional financial transactions where balances are tracked, Bitcoin uses a system of UTXOs, which represent the unspent value from Bitcoin transactions. A UTXO is the amount of digital currency remaining after a cryptocurrency transaction is executed. This output waits to be used as an input in a future transaction.
Bitcoin’s surge past the $40,000 mark has led to a notable trend in UTXOs. Since Oct. 28, the creation of UTXOs has consistently outpaced their spending. A ‘created UTXO’ refers to the output of a new transaction that hasn’t been spent, while a ‘spent UTXO’ is an input used in a transaction and is thus no longer available. The distinction
We współpracy z: https://cryptoslate.com/bitcoin-owners-hold-tight-as-new-utxos-outstrip-spending/
