| Time | Details |
|---|---|
| 2024-08-29 15:01 |
Significant Portion of Bitcoin Supply Remains Untouched for Over 5 Years
According to @intotheblock, 30.7% of the total Bitcoin supply has remained untouched for over 5 years. This data is derived from analyzing UTXOs, which are utilized by first-generation blockchains like Bitcoin. Traders can track this data themselves using the provided link. (Source) |
| 2024-11-19 08:21 |
Bitcoin Euphoria: 99.3% of UTXOs in Profit, Potential Bull Run Ahead
According to Ki Young Ju, Bitcoin has entered a euphoric phase, with 99.3% of Unspent Transaction Outputs (UTXOs) currently in profit. This typically signals a bullish period that can last between 3 to 12 months, although there was an exception in November 2021. This phase began two weeks ago, and traders should be cautious as shorting Bitcoin now could mean either catching the peak or missing out on a parabolic bull run. (Source) |