There’s another metric that’s important too: unspent transaction output . And the UTXO count of bitcoin is ticking upwards, set to challenge its all-time high of 84.6 million, from November 2022 — when there was a flurry of on-chain activity as traders tried to escape the wreckage of FTX's collapse.
These UTXOs can then be used as inputs for future transactions, essentially proving that the sender has the necessary funds to make the payment. UTXOs also tells us that despite a new, large cohort of people interacting with bitcoin thanks to Ordinals, there’s also a large group of whales HODLing. As CoinDesk previously reported,“Overall, the growth of the Bitcoin UTXO counts is a good thing because more exposure of bitcoins can create mass adoption in the long run," Lim adds.
thesamreynolds Hello DESK Team why desk coins not received at wallet. If has changing policy from Desk please announcement all Desk supporter. minium 5 mins check your wallet caution green letter seen are nightmare. Now 72 hours above not yet received any DESK. DESK or DUST! !!
thesamreynolds
thesamreynolds FleamintNFT is the next game changer in the nfts space, their nfts presale is live right now. Don't miss out on this amazing opportunity to be a part of the future of NFTs. web3 nft bluechip hype fleamintnft
thesamreynolds Can't bitcoin ordinals fuck up with the mempool?
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