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Bitcoin’s Realized Cap & UTXO Value Bands: Who’s Driving the Market?

“Currently, UTXOs in the + $1M value band represent a total of $675 billion allocated into Bitcoin, making up 78% of the network’s realized capitalization. This indicates that a significant portion of Bitcoin’s realized value is concentrated in high-value UTXOs, reflecting the substantial influence of large holders on the market’s realized cap.” – Read More

By Onchained | @cryptoquant_official



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Bitcoin’s Realized Cap & UTXO Value Bands: Who’s Driving the Market?

“Currently, UTXOs in the + $1M value band represent a total of $675 billion allocated into Bitcoin, making up 78% of the network’s realized capitalization. This indicates that a significant portion of Bitcoin’s realized value is concentrated in high-value UTXOs, reflecting the substantial influence of large holders on the market’s realized cap.” – Read More

By Onchained | @cryptoquant_official

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The S&P 500 slumped 1.8% on Monday and Tuesday, thanks to China Evergrande, the Chinese property company that looks like it is ready to default on its more-than $300 billion in debt. Cries of the next Lehman Brothers—or maybe the next Silverado?—echoed through the canyons of Wall Street as investors prepared for the worst.

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