Bitcoin

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<ul class="news-points"> 
 <li><strong>Bitcoin’s number of UTXOs in profit has reached a one-month low.</strong></li> 
 <li><strong>Bitcoin’s non-zero addresses recently reached an all-time high (ATH) of 47,777,267.</strong></li> 
 <li><strong>Both UTXO and Non-Zero addresses are crucial in understanding Bitcoin’s on-chain activities.</strong></li> 
</ul> 
<p>Glassnodealerts, the definitive on-chain Twitter alerts account by Glassnode, recently tweeted that Bitcoin’s number of Unspent Transactions (UTXOs) in profit has reached a one-month low. The metric’s value at the time of Glassnodealert’s tweet was 129,682,989.738.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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  <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4c9.png" alt="📉" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Bitcoin</a> <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$BTC</a> Number of UTXOs in Profit (7d MA) just reached a 1-month low of 129,682,989.738<br><br>View metric:<a href="https://t.co/JhaqOL08GQ" target="_blank" rel="noopener noreferrer nofollow">https://t.co/JhaqOL08GQ</a> <a href="https://t.co/pz1B2JUfFZ" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/pz1B2JUfFZ</a></p>— glassnode alerts (@glassnodealerts) <a href="https://twitter.com/glassnodealerts/status/1685141918961819648?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 29, 2023</a> 
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  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
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<p>Shortly before the alerting about Bitcoin’s UTXO, Glassnode also alerted the <a href="https://coinedition.com/what-is-bitcoin-everything-you-need-to-know/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin</a> community about the increasing number of non-zero addresses. According to the alert, Bitcoin’s non-zero addresses recently reached an all-time high (ATH) of 47,777,267. That figure marks a steady rise in the metric, which is observed to be on the increase. The previous ATH was recorded 24 hours before as 47,773,890.</p> 
<p>Both metrics revealed by Glassnode…</p> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/bitcoins-profitable-utxos-drop-amid-rising-non-zero-addresses/">Bitcoin’s Profitable UTXOs Drop Amid Rising Non-Zero Addresses</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

Bitcoin’s Profitable UTXOs Drop Amid Rising Non-Zero Addresses

Coin Edition

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