Bitcoin Unspent Transaction Output Accumulation Could Signal Crypto’s Next Bull Run32.35

Since crypto’s recent lull, optimistic industry insiders have claimed that cryptocurrency investors, whether from retail or institutional backgrounds, have continued to purchase Bitcoin (BTC) en-masse and on the cheap. Although this sentiment has been nothing more than unconfirmed hearsay, research recently completed by Twitter user ‘FlibFlib’ could indicate that that the aforementioned claims have credence. More specifically, the UTXO set size has seen a slow, but steady rise, even though BTC volatility is nothing more than a distant memory.

You might be thinking: this is all well and good, but what are UTXOs?

Original source
https://www.newsbtc.com/2018/11/14/bitcoin-unspent-transaction-output-accumulation-could-signal-cryptos-next-bull-run/

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